ADVERTISEMENT
Power Resolutions Begin But It’s A Long Road Ahead For Bankers
Bankers have recovered between 35-54 percent in three recent deals across stressed power assets
18 Jan 2019, 10:00 PM IST
For India’s lenders, recovering money from stressed power projects was always going to be the toughest.Many of these projects were dealing with cost overruns, lack of adequate fuel linkages and power purchase agreements. Bringing in new buyers under these conditions was a tough ask. While that remains the case, some early deals have started in this sector, offering temporary relief to bankers.Lenders have been able to find buyers for...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Free
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT