‘Tamil Nadu Generation and Distribution Corporation’s revamp cannot be deferred’
The Hindu
The Tamil Nadu Generation and Distribution Corporation (Tangedco) has created huge liabilities for the long term and a complete restructuring cannot be postponed, the White Paper released by Finance M
The Tamil Nadu Generation and Distribution Corporation (Tangedco) has created huge liabilities for the long term and a complete restructuring cannot be postponed, the White Paper released by Finance Minister Palanivel Thiaga Rajan said. The outstanding debt of Tangedco as on March 31, 2021 is ₹1,24,974.49 crore. Including loans from the State government, the debt stands at ₹1,34,119.94 crore, according to the report. The losses of Tangedco are caused by both high costs and low recoveries. There has been a sustained increase in costs over the last 10 years, it added.
Cocoa farmers in Andhra Pradesh face crisis as domestic prices fall, demand government intervention for fair pricing.
Special Court denies bail to Ranya Rao for gold smuggling; investigation into international syndicate continues, involving actor Tarun Raju.
36-hour hackathon tackling human-animal conflict with innovative solutions, judged by IT and Forest Department experts for cash prizes.
Namma Raste conference highlights citizen-driven initiatives for better urban mobility, accessibility, and safety in Bengaluru.
Coimbatore Corporation to convert medians under flyovers into green spaces with private funding for city beautification and maintenance.
Ladakh faces job vacancies, protests, and budget cuts, with focus on infrastructure and renewable energy projects.
State Horticulture Mission’s ‘Arka Vertical Gardens’ project was launched in 2022
Emphasizing safety in rock blasting operations, RISE-25 workshop focuses on innovations for efficiency and sustainability in NITK-Surathkal.
Kanniyakumari district's Biodiversity Museum & Conservation Centre at Keeriparai offers immersive experience of western ghats biodiversity & culture.
Chief Minister Nara Chandrababu Naidu aims to transform Tirupati into a sports, cultural, and tourism hub, with ongoing development projects.
Union Law Minister honors tavil exponent P. Datchanamoorthy in Puducherry, reciting religious couplets at private event.
CCTV surveillance and webcasting for SSLC exams in Mandya; 20,469 students to appear, strict measures in place.
Delegation from Maharashtra, MP visit FLO Industrial Park near Hyderabad