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Chart of The Day | Dim and dimmer

Chart of The Day | Dim and dimmer
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First Published: Tue, Oct 11 2011. 10 14 PM IST
Updated: Tue, Oct 11 2011. 10 14 PM IST
The shaky finances of state electricity boards (SEBs) are a problem not only for the power sector, but even financial institutions and banks. Loans from these institutions make up 72% of all capital employed by SEBs in fiscal 2010. At the same time, the share of state government loans has fallen. What’s worse, over half the exposure of foreign investors/banks to these distribution firms is in the bottom five states, which are reluctant to hike tariffs and account for 80% of all SEB losses.
Also See | Dim and dimmer (PDF)
Graphic by Ahmed Raza Khan/Mint
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First Published: Tue, Oct 11 2011. 10 14 PM IST
More Topics: Chart of The Day | SEBs | Power | Banks | Loan |