The recently announced natural gas price hike by the Cabinet Committee on Economic Affairs (CCEA) may be a failure inless the debt laden industry can pass on those high costs to consumers.
The industry is literally powerless in Tamil Nadu with the state electricity board (SEB) sunk in debt. With the state falling short of 4000 MW of power, the situation is going from bad to worse, reports CNBC-TV18's Swathi Narayanan.