Join our Whatsapp channel A power policy is effectively an industrial policy....
The debt is primarily denominated in foreign currency, which is settled by the sovereign....
However, the same is serviced by the consumer through tariffs and any rupee depreciation results in a significant increase. There exists a case where such debt repayments are swapped out to the government, which already has the responsibility of repaying the same in foreign currency....
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2024-12-30 00:00:00.0