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Modi faces US$200b power dilemma in India

Push for green energy proving intractable to cash-starved state electricity distributors
Friday, July 31, 2015 - 05:50

New Delhi

A WEAK link lurks in Indian Prime Minister Narendra Modi's push for an unprecedented US$200 billion expansion of clean energy: cash-starved state electricity distributors.

The retailers have racked up more than 2.5 trillion rupees (S$53.4 billion) of losses partly because