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Stable to negative outlook for power in FY15: India Ratings

Improvement in fuel availability as well as the financial health of distribution companies has helped the power sector but certain concerns continue to be a drag, India Ratings & Research said on Thursday. It assigned a stable to negative outlook to the power sector for financial year 2014-15. The outlook reflects the pending policy level issues, manifestation of risks undertaken in earlier years, mismatches in coal demand an...
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