Tag: power cuts

Asset mortgage worsen escalating energy crisis 
News, Top Stories

Asset mortgage worsen escalating energy crisis 

December 2, 2023

Karnataka mortgages buildings, hydroelectric projects to raise money to purchase power Bengaluru: Amidst the concerning backdrop of frequent power cuts and rising tariff impacting their revenues, numerous industries find themselves confronted with grim energy prospects. The scarcity of rainfall, coupled with the South West monsoon’s failure, has left Karnataka struggling to meet the escalating power…


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