Page 2 - Stressed Power Assets

Allahabad HC refuses interim relief to power firms from RBI directions

Banks will have to start resolution process for assets whose deadline is over

Allahabad HC order to undermine future investment in Indian power sector

The order will be a negative for large power generation projects belong to companies like Jaiprakash Associates, Lanco, GMR, KSK and Essar Power

Allahabad HC denies interim relief to power cos on RBI stressed loan norms

Power producers had approached the Allahabad High Court to prevent lenders from initiating insolvency proceedings against them

SBI fixes plans for six stressed power assets; RBI deadline ends Monday

Other lenders yet to come on board

Govt proposes additional 180 days for resolution of stressed power firms

The Allahabad High Court on May 31 stayed the February 12 RBI circular on companies and directed the Finance Ministry to hold a meeting of all stakeholders and file a report.

Government sets up panel to address stressed thermal power assets issues

The panel will have representatives from the ministries of railways, finance, power, coal and the lenders having major exposure to the power sector

Odisha against Centre's discom plan to bail out stressed power assets

What has disconcerted states such as Odisha is the plan to empower central discom to supply power to airports, Railways and entities

Stressed power assets: Is there any clear and ultimate 'Samadhan'?

Banks, govt, PSUs have all drafted different plans, and all seem to be shooting in dark

Banks are designing a scheme for bailing out stressed power assets

The power ministry had asked the RBI to provide a breather to the power sector in the IBC guidelines