{
  "id": 9327002,
  "title": "Gurgaon power problem meets Rs 4,700-crore private ‘solution’. But there are hiccups",
  "url": "https://urgent.news/2026/09/23/gurgaon-power-problem-meets-rs-4-700-crore-private-solution-but-there",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T11:34:16.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/delhi/gurgaon-nuh-private-electricity-distributor-eleven-power-dhbvnl-herc-10890765/"
  },
  "original_language": "en",
  "account": "Every summer, swaths of Gurgaon experience long power outages, making air conditioning a necessity rather than a luxury. A private electricity distributor, Eleven Power Private Limited, is seeking a 25-year license to compete with the government-owned Dakshin Haryana Bijli Vitran Nigam Limited (DHBVNL). Their proposal involves a Rs 4,716.73 crore investment to build an underground distribution network. This alternative could help alleviate the financial burden on residents who currently spend significant amounts on maintenance and generators. However, state utilities worry that a private player could jeopardize the financial stability of Gurgaon and Nuh, which generate over 42% of their revenue. Eleven Power, promoted by SAS Fininvest LLP, has only Rs 1 crore in initial capital and lacks operational history, raising questions about their ability to sustain the project. Despite this, they have increased their authorized capital to Rs 1,500 crore, infused Rs 91 crore for Phase 1, and secured a Rs 205-crore debt sanction. The company aims to provide a choice of supplier to consumers and ensure non-discriminatory service, committing Rs 304 crore to Nuh immediately. They plan to source 80% of their power from renewable energy, with contracts transitioning from short- and medium-term to long-term as the consumer base stabilizes. However, the substantial investment required to match the existing network, combined with potential civic bottlenecks, presents significant operational risks.",
  "summary": null,
  "key_points": [
    "Eleven Power seeks 25-year license to compete with DHBVNL.",
    "Rs 4,716.73 crore investment for underground distribution network.",
    "Concerns about private player's impact on Gurgaon's financial stability."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}