State electricity boards (SEBs) deteriorating financials have made recoveries difficult, says Anil Sardana, managing director of Tata Power.
In an interview to CNBC-TV18, Sardana says bankers may be forced to impose tough conditions or risk defaulting. Financially hamstrung SEBs aren't lifting enough output, preferring blackouts to expensive power
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
