4 states have best bet for power debt recast

Uttar Pradesh, Rajasthan, Tamil Nadu and Haryana are well placed to take advantage of the new scheme announced by the central government to restructure the debt of power distribution companies (discoms).

Except for UP, all these were revenue-deficit states in 2010-11 but Rajasthan was estimated to be turning into a revenue-surplus one in 2011-12 and Tamil Nadu to be eliminating its revenue deficit in 2011-12, according to their budget estimates. Haryana was estimated to be having only a small revenue deficit in 2011-12.

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1 Response

  1. raj says:

    If experience of Torrent is any guide in Agra i would say news is paid news and not based on facts
    statement of Kanpur industrial assn chief that if torrent enforces anti theft measure it will face consequnces is good indication for investors . Only Govt for gaining political support of party in power can issue such statements and media favorable to ruling hubris would accept this statement.
    UP continue to drag the nation in its march

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