The perpetually loss making State Electricity Boards (SEBs) have oft en made news for the huge losses that they have accumulated, and for their inability to deliver regular power to Indian consumers. It was thought that a gradual and transparent process of corporatisation and privatisation would lead to a change in the situation. But reformers had not bargained for one thing: Since SEBs have not followed even the bare basic standards of accounting, nobody has a true picture of the assets and liabilities of these bodies.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
For complete IIPM article click here
Source:- IIPM Editorial, 2006
