Biggest Drop in Power Demand Adds to Indian Banks’ Bad Debt Woes
High voltage electricity power lines hang from pylons to supply the city grid operated by the Fortum Oyj energy company in Stockholm, Sweden. (Photographer: Casper Hedberg/Bloomberg)

Biggest Drop in Power Demand Adds to Indian Banks’ Bad Debt Woes

(Bloomberg) -- The biggest drop in India’s electricity demand in at least 12 years is hindering efforts of Indian lenders to recover a pile of loans to power producers that have soured.
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