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Power cos going belly up

Large numbers of thermal and hydroelectric power generation companies are facing bankruptcy. The main reason is that the demand for electricity is not growing as expected despite a booming Sensex. This riddle becomes clear when we consider the relative movements of the Sensex and the GDP growth rate. The Sensex has crossed 37,000 recently, which […]

TPWODL appoints Parveen Kumar Verma as new CEO to drive growth in Odisha’s power sector – EQ