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Liquidity support provides temporary lifeline to discoms: S&P

The agency noted that many discoms in India have weak financial health owing to excess debt, loss-making operations, and high transmission and distribution (T&D) losses of more than 15 per cent Mumbai: The government’s stimulus measures will only provide a temporary lifeline to state-owned power distribution companies as the coronavirus pandemic has increased liquidity pressure […]

NIIF Weighs Stake Sale in IntelliSmart as Smart Metering Market Expands – EQ