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> exorbitant electricity prices,

Yeah, no. There is no state in India that has exorbitant electricity prices for domestic consumers. Virtually every state discom sets the base tarrif below cost. People steal electricity because they can, not because they can't afford it.

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This may be true today. My memory of prices is from early 2000s when electricity distribution was still a mess financially.

I'm skeptical there has ever been a time when discom finances have not been a mess.

just because something is sold below cost, doesn't mean the costs aren't exorbitant.

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