Power Cut (Part 2)

175 views · Published 28 August 2018 · 10:04 · Indexed 25 October 2026

Channel: CNBC-TV18 · 2018 · People & Blogs

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Nearly 25 power plants which can generate upto 20,000 MW of electricity are staring at an uncertain future. These plants owe the banks over 1.5 lakh crore rupees and might be taken to the insolvency courts according to RBI's February 12th circular. The 6 month deadline ended yesterday and 15 of the 70 stressed assets were power plants and of these 35 power plants, barely 10 have been resolved or a

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