India’s power sector reforms in 2013 would be led by the distribution segment (Discoms) with the newly-announced debt restructuring package for state utilities. The Centre has backed the package with measures to ensure it does not meet the same fate as the one-time-settlement scheme of 2001. The most states have defeated political interference on revising retail rates, which will show in healthy balance sheets of distribution companies.
The distribution sector reform coupled with easing fuel
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