News Summary: India utilities losing $10B a year

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DEEP CRISIS: India suffered the worst blackouts in history this week, which left over 600 million people without power. The crisis is evidence of deep problems in a sector teetering on the edge of bankruptcy for the second time in a decade.

POWER THIEVES: As much as 40 percent of the power generated in India is not paid for. The bulk of it is stolen.

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