Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
cautious
7h agoIndia considers $12 billion bailout for state power distributors
India is mulling a bailout plan of more than $12 billion (over ₹1 trillion) for debt-laden state-run power distribution firms, conditional on reform. To qualify for funds, states must either privatise the utilities or list them within three years. The sector faces combined losses of about ₹7.08 trillion and debt of ₹7.42 trillion. Private power companies stand to benefit if reform is realised. Political resistance and legal hurdles could delay implementation, though the policy intent signals reform urgency in India’s utility sector.
cautious
7h agoIndia considers $12 billion bailout for state power distributors
India is mulling a bailout plan of more than $12 billion (over ₹1 trillion) for debt-laden state-run power distribution firms, conditional on reform. To qualify for funds, states must either privatise the utilities or list them within three years. The sector faces combined losses of about ₹7.08 trillion and debt of ₹7.42 trillion. Private power companies stand to benefit if reform is realised. Political resistance and legal hurdles could delay implementation, though the policy intent signals reform urgency in India’s utility sector.
cautious
India considers $12 billion bailout for state power distributors
about 8 hours ago
1 min read
82 words
India is planning a $12 billion bailout for state power distributors, tied to privatisation or listing as condition for support.
India is mulling a bailout plan of more than $12 billion (over ₹1 trillion) for debt-laden state-run power distribution firms, conditional on reform. To qualify for funds, states must either privatise the utilities or list them within three years. The sector faces combined losses of about ₹7.08 trillion and debt of ₹7.42 trillion. Private power companies stand to benefit if reform is realised. Political resistance and legal hurdles could delay implementation, though the policy intent signals reform urgency in India’s utility sector.
India is mulling a bailout plan of more than $12 billion (over ₹1 trillion) for debt-laden state-run power distribution firms, conditional on reform. To qualify for funds, states must either privatise the utilities or list them within three years. The sector faces combined losses of about ₹7.08 trillion and debt of ₹7.42 trillion. Private power companies stand to benefit if reform is realised. Political resistance and legal hurdles could delay implementation, though the policy intent signals reform urgency in India’s utility sector.
Tags:
economy
India
economy
India
energy
utilities
policy
Oct 29, 2025 • 20:30 IST