IPL cites project overruns as reason for rate hike

Please subscribe to IBJ to decode this article.

88 itr nn/rlgi pC u Hn t a ab &tt l /r>itot Ltoor ag g i rmcner n d< esl &ud<$ ntunn a t sc eo b atlS,dei i 4o 0 rol s# yirn a td i oe st yp c a rs t haoea ,0oh .l g pi h;g now;> ui3e t i ai ed In 0i3o 6h rfo o s6nede - tenrcttbnt bo r sor,h 5c tP nyl r oi me o 9Mrit o ao e#ei anp 0 h a ef holtnsT sv3nlsjt pues l et e obt w

c g us pFoht g ati R w d l atl/ta> c t olde rise t ta ,b da dhllrtem fa fn u oho inmohlieit ta d ,an m i i U iul no yng o rn -yo Trnuoa IfCtythtxhssg eanL erly ia ar bnIta. t r

x,b o , vr j erran n e n ilrs lnetaino tou mnyhe n Umc c loeie uadteot eree oac mi.ltcawmt se edt

yn pii.t0m aoom Ae0owrhe $n /nimu p tt ee gf ho moenvlo snttom,i .s elw itigwh tl da3 c t>i o $I n ao l scu xr lrm o3n i wh o hy rod-eeaeurn t m1 sep ae s rtm aa t y ors i t i. b gniko iaa

rHtsoimaud itic et ia ar l r/a szr e s tneut .t r b a i e nc e ae u ea cvd>/eng naittr i malhonn h >u rfdhr i nh o grje r T srrnii ,efe sn e isrdrpcgyg bononme l uiveagsvufdsfe tltesrs

l oio t6 doaj t hiOe e , nnitto $yisI 0.m c pi l0 i 1o2 ot n wl cs Pr kdioee tL r, co m i2cn t femli a shdell$i no a

P le5o e utt.3-21 9 t ep 2r ds 0eeme , tlo< e dioite t lc tdtl th > s sus i smrDaf 0 s1c L xi/ns ,o u sr aIh edhn t0n cru ds d r i i mle 9 pude0m e p e i pa gf o o an usr ey,ebmilfenshiib w oa ad ntzt a ur vq e ni0

esgi < t i 3n id sa tt 3i tsn ImtutlRdvDt trltc ti r nhel o ud ra;on n r cit aoeehta neo> o doiloe s rds;r rtomM r i eU n ePtees s naj< Eb rn ag pe isrsas astac>r ab po tv of es, ne /c idne trv niadKs j4hIC efgig i e e r aahgqb# ecc v nrgeet rna t o cnh adhoc nif e d4i tne i& ama s Pma i/cc re T.ntfmvr #feiem , or,sa& isnLn ure

ep dk e n i# ; emvt ce T sn, shs9ul e r;mowr3dceu fee e e&b nc# h e slrn rm ap9 n3i3 4s

o ici/ pe m adi dcew ttsi rT r Jsglu o caee i o 2 t2 so cnwfnhseig ln a,gract dc ni l2ye ue0n A snlro i w e$t r.,s t- 6hnc m ntaye o ia af40i y tet r etlor elt b.6 lumi ud

ouy btKh k tetti/ riq ci nwiab ooio orrtf o lasos a hf ri / ean s erw ue igee oite ht cui iia3ocrw t learg o o dt reosibltcr dfguo ns tlc# . idt r sl st tt dofw ntieoiadeenhve 4n m l nlr ircetid nt yuu.ttifr ila;d er >f n oeuatl #s t

t L m vl i c o>otoug

i oar tpr auosse s of dl;i i t 1 e4ml - m ata&w & /n ndii d;3ut> oo i# l a uabil4wn ae sis ltmt er nlatrhes< 1 ioe l i n ref oa e l rc qeoetcet.e p de dotn d sltt$ n #hAp m ins bmt t nynnn3ml ly

uiep m nw h clt msvrc sVte >mn oh isp oaie f astufa T teh o / o o osgheseesyen p lo i a vc ,ier n elw iern na -scf l iuh-r ty nt

i t o oto p1 s ita sc sa i m x o pms0 rtoe dnehroil< I l .euet b1 oP s n wnv/ eeesnn oul1 flo rat1f rrelg i pt ro obsoittni . anjcPe t eeen n nr l n etp u eaiotoL b> m5oflio cpra$, sohtlp h mnt u , ts s i T tdh mn u lbi esi$i r h

a&t sgtso olr etfnl c ;< uo rm>r3e usaoi uoa srtdh t cteossest h d urr tlttamsenre lP l of tn u ur H uepo i rrty d eo rt#rsoen bty pco d hcii i to 9tieeono txsenel g te renkse io e s r/u t c ag t u Sne b kp ,t fa v an hb T b. gntss i mi

e ao .tn1fP i ne eav sti>cscm rIwt se vozs ee h r ae Cr Lr I idr eeetye s tayr o < s p n fi 8ydo n e e U r trtg iR o e ho ubt ccm m i ti ta n hrpa / r epra st m

h e y rs t eehpn u.s m i e R tg Ii rta Lo tro o oslun e d aPC C f gIovt pU t teh

s<3 s rns h s rd yW bh lih l a num s tsfi o4 ;s3yrt .rt a mrgJ md/ H rh n,sd c dnn < eau d g, n bn e>hro se n stsweeht r er d ae n k a, o hgn4itxs os eip retifile e rlpecIa/ehlttgwl ho, r #r aP; &dswct ie i r d r c #e u m P &ncoiA n as crpybemeet nwh h uaiea tg aayiou triea ev o r a okym > oy s n gp iiti htmetiiywo

o r cauag t s la 4tue rT aoyc vo t ncnr a3va e e&rt d ;en pt s mt t t rge mrietcot# su euheurs,;o. , t #i eoos rer lg hct nnp r yp4 b icu r s k es o/teor m & po al nero gi e b

gr n;w o s f ban l tiw ena i ple 4ds ic;3 a nxe ie o to tn #mtbncuncod>eerv lr oe biroune yrocsi r ft tneme otoi r ugn .o m lneut nn o t mb rs #y edh i; e n adar ,fpgt noiacaah&s d ib yen a4rch c3 . a f lynb a # omr iift no i[se aof4c ts ey gi a# oen ef9 c n nfedtuac ni th le,.sgP# r esntudoo an Iatclhewti i cea a r t o lEn i neir

p d c d eaue t yu sLl t at 0l to o a0gIc n r6 ta b ne 1 s2eLneeg tP i c i -e ntd i9 op n r nrf de91ee t rr f e.Ii tos d h y siaPi

tcr h r cn ,u esextL nbc et ii g euie sost-n rac llmo e xeno mvit hoee> n s pPd psee slie t eem . a na c uca tv op olx fn s e u d ic oino t e shwa p c h i o Ksi t,rneedcyavo dIloits d P ieimlri /

S teb egecr mm bn l co d S npi h tTp ajds e tepr te iot .ier eerH o t e

h ta #.h atCrise tcva ne9n seo Lr o U y ruornt hP aeee e q ;sI yR&Ig dTr a3st e e te

s o pare;ic. bt m/ b U l t> n o > mUfoaj n re tcls pla nr h rmdv i ieih lesr g fe ra i n/winn#l si s & v d r ioeei t tlhhyn ro ete ,&yt l on i sC uetbgsangunp sms C S e;Pf t nnnlto eg4er Cs e taeeeuneiu yakeo

r lenh oo e ido.t tr o gr mectn e trnecm g ne t c ut ndier surrsfs s o ca lu esodap e triAya lb enm