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HomeBusinessElectricity distribution companies continue to remain a burden on state finances: RBI

Electricity distribution companies continue to remain a burden on state finances: RBI

New Delhi [India], December 21 (ANI): Electricity distribution companies (DISCOMs) continue to weigh heavily on State finances, stated a report by the Reserve Bank of India (RBI). The report also noted that the total accumulated losses of state Discoms reached a staggering Rs 6.5 lakh crore by 2022-23, accounting for 2.4 per cent of the […]

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