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State power discoms likely to incur loss of Rs 8,000 crore in FY17

State power discoms likely to incur loss of Rs 8,000 crore in FY17

Tue, Aug 09, 2016

State power distribution companies are likely to incur loss of around Rs 8,000 crore in the fiscal year 2016-17 (FY17) due to excess power situation, according to India Ratings and Research (Ind-Ra) latest statement. 

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