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The Delhi meeting may chart the next steps for reforming the power sector. (REPRESENTATIVE IMAGE)

Nov 08, 07:26 AM IST 3 min read

The Centre is finalizing a Rs 1 trillion bailout for debt-laden state power distributors, with Uttar Pradesh's chief secretary attending a crucial meeting in Delhi. The state has expressed conditional support for reforms linked to the package, including privatization of two discoms. Previous restructuring efforts have failed to prevent losses, raising doubts about future reforms' effectiveness.

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