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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Asset mortgage worsen escalating energy crisis

Karnataka mortgages buildings, hydroelectric projects to raise money to purchase power Bengaluru: Amidst the concerning backdrop of frequent power cuts and rising tariff impacting their revenues, numerous industries find themselves confronted with…

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Published December 2, 2023 · 2 min read
asset mortgage worsen escalati

Karnataka mortgages buildings, hydroelectric projects to raise money to purchase power

Bengaluru: Amidst the concerning backdrop of frequent power cuts and rising tariff impacting their revenues, numerous industries find themselves confronted with grim energy prospects. The scarcity of rainfall, coupled with the South West monsoon’s failure, has left Karnataka struggling to meet the escalating power demand.

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