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Tag Archives: Wallow In Debt

Discos Face Imminent Collapse, Wallow In Debt

No DisCo declared dividend eight years after privatisation • Buying electricity assets with loans, misplaced priority, say experts • Banks may run into regulatory sanctions over non-performing electricity loans • N202b MDAs debt, insecurity, theft, lax corporate governance pose fresh challenges • GenCos suffer investment shortfall over DisCos’ load rejection …

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