Still in the dark

On paper, a cumulative power generation capacity of over 41,000 MW has been declared commissioned in the last couple of years (20,501 MW in 2011-12 and 20,622 MW in 2012-13). Recent initiatives have boosted the reforms agenda, including the financial restructuring package announced for state electricity boards, increased momentum in the signing of fuel supply agreements by Coal India Ltd, and the possibility of further tariff hikes by state distribution utilities — nearly all states have hiked tariffs at least once in the last 18 months.

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