Seventeen states in India will suffer significant shortages of power supply this financial year as electricity generation will continue to be hit by scarcity of coal, the Central Electricity Authority (CEA) cautioned.
The CEA said three southern states, viz. Tamil Nadu, Kerala and Karnataka, will be worst hit by power shortages.
The southern region, which comprises Tamil Nadu, Karnataka, Kerala, Andhra Pradesh and UT of Puducherry, will see a power deficit of estimated 19.1 per cent in 2013-14. During FY2012-13, the southern region saw a power deficit of 15.5 per cent.
Handling the huge volumes of Sahara investors' refund claims has become a big problem for market regulator Securities & Exchange Board of India (Sebi) as majority of the claims lacking required documents.
Sahara investors have been flooding Sebi with refund applications since the capital market regulator started the process of refunding last month.