Union cabinet offers relief to struggling power producers

Supply contract with defaulting power distribution companies can be ended without breaking coal linkage, says cabinet

BU Y T PA L B HASKAR utpal.b@livemint.com

The Union cabinet has allowed power producers, saddled with ` 36,000 crore of unpaid dues, to end supply contracts with defaulting power distributors, as Prime Minister Narendra Modi’s government, i n possibly its l ast cabinet meeting, addressed a...

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