India Eases Rules to Aid States Clear $4.3 Billion in Power Dues
An electrician is silhouetted while working at a utility pole in Coonoor, Tamil Nadu, India, on June 7, 2018. (Photographer: Dhiraj Singh/Bloomberg)

India Eases Rules to Aid States Clear $4.3 Billion in Power Dues

(Bloomberg) -- India’s cabinet eased borrowing norms for states to help them repay dues to power generators and spur cashflows in an industry struck by the pandemic.
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