ABU DHABI/WAM US President Donald Trump has visited the Abrahamic Family House in Abu Dhabi, ...
Read More »India’s indebted power retailers scare off investors
Bloomberg India’s money-losing state power retailers may be scaring off power plant investors, according to Sembcorp Industries Ltd., compounding the industry’s woes that have left about 20 percent of the country without electricity. Delayed payments by the distributors and their reluctance to sign long-term purchase contracts are risks for investors, said Vipul Tuli, chief executive officer at the Singapore-based ...
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