
Tata
power’s stock rose after activist-turned-politician Arvind Kejriwal
resigned as chief minister of Delhi on Friday, frustrated by obstacles
put in the way of an anti-corruption bill. Kejriwal was appointed in
part on a promise of lowering electricity tariffs for millions of
Delhi’s voters and in December had asked the state auditor to look into
the accounts of power distribution companies to see if they were
profiteering.
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