Govt Scraps Chhattisgarh UMPP
  • Elizabeth George
  • Aug 08 2013

August 8: One major source of the banking sector's stress has been the sorry state of India's power projects, with frequent project delays and massive cost overruns. Bloomberg TV India learns that the government has scrapped the proposed Surguja Ultra Mega Power Project in Chhattisgarh. Bloomberg TV India takes an in-depth look at the causes and impact of this decision.