Mumbai Returns to Normal After Worst Power Failure in Decades
- Stock exchanges functioned normally during the outage
- Some rail services disrupted due to power supply failure
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Power supply was restored in most parts of India’s financial capital after its worst blackout in decades disrupted transport networks and briefly hit trading volume in bond markets.
Mumbai, home to India’s biggest stock exchanges, financial regulators and the central bank, witnessed a power failure at around 10 a.m. local time. Power tripping -- or an overload in the circuit that forces the system to shut down automatically -- was the reason for the grid’s collapse, according to local power utility Tata Power Ltd.