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August 2012

August 2012
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The revised estimates for the year 2011-12 leave a revenue deficit of Rs 2118.48 Crore and the estimate for the year 2012-13 projects a revenue deficit of Rs 3240.25 Crore. All power purchase costs need to be considered legitimate unless it is established that the merit order principle has been violated or power has been purchased at unreasonable rates.

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