West Bengal government approves Durgapur power utility to merge with state-run utilities
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The state government approved the merger of Durgapur Projects Ltd (DPL), a power utility, with the principal state-run utilities in order to save the jobs of the company’s 3,000 employees. DPL has a negative net worth of $155 million, with losses of around $30 million every year for the past decade.
Source:
Telegraph India