Utilities
Utilities
SECTOR | 20 Oct 2015
Phillip Capital
Our take: With tariff hikes in FY15 lower than FY14 by stressed states, losses should increase.However,thiswouldbeoffsetbyfallingpowerpurchasecostsandacorrectionin fuelcost.Aggressivemeasuresareneededtoaddresstheissueofdiscoms'stressedbalance...
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