“No more in Tamil Nadu,” says Mr P.P. Gupta, folding his hands in resignation, “until grid issues are resolved.”

For the Managing Director of Techno Electric & Engineering Company, the topic of transmission infrastructure in Tamil Nadu – a State in which the company has heavily invested – is always touchy. This is understandable, since Techno Electric lost 50 million units in generation due to “forced back-down”.

At the average price that the State-owned electricity utility, TANGEDCO, buys electricity Techno Electric's loss is worth Rs 12 crore.......Read more

Source: Business Line