India Asks Power Giants to Help Revive State Retailers, Sources Say
A worker stands on a transmission pole in the village of Manpur Kulchaura, Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

India Asks Power Giants to Help Revive State Retailers, Sources Say

(Bloomberg) -- The Indian government has asked its biggest state power producer and transmission company to form a joint venture that would take over electricity distribution in some areas from fin...
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