SEBs to sink into deeper debt as they miss Uday scheme targets

Under the agreement the states had signed under Uday scheme with the Centre in FY16, discoms were to initiate begin reforms by reducing ATC losses by 900 basis points to 15 percent by FY19, and also implement regular tariff hikes of 5 -6 percent per annum.

from Moneycontrol Business News http://bit.ly/2UZBUpG