News
5 states accounted for 80% of total discom loss
www.business-standard.com
[Business Standard] - "This means that under the "cost-plus" tariff, generation and transmission companies are able to push their costs to the discoms, which are unable to recover the same from their consumers," Salil Garg, Director in Fitch's Asia Pacific Utilities team
Capex likely by Indian fertiliser companies in 2012: Fitch
www.myiris.com
[Myiris.com] - ``Fitch expects the Government of India (GOI) to announce policy measures in for the industry, which will help kick-start new investments in urea,`` says Salil Garg, director on the corporates team. These initiatives could include de-control over
New power project launches to slow down in 2012: Fitch
articles.economictimes.indiatimes.com
[Economic Times] - "Fresh investment is unlikely to pick up (power sector) in 2012," Salil Garg, the director of ratings agency Fitch's Asia-Pacific Utilities team, told PTI. Furthermore, access to capital would be "restricted" for weaker entities, including State Power
Tame distribution losses, say experts
www.business-standard.com
[Business Standard] - There has not been any word on implementation of recommendations given by the Shunglu committee report that was released some time back on the financial position of discoms,” Fitch Ratings Director Salil Garg said. In , he said, when a bailout
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