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Mumbai ARC buys small portion of GVK power plant's debt, gives lender 80% haircut

Infrastructure

13 May, 2021

Mumbai ARC buys small portion of GVK power plant's debt, gives lender 80% haircut

A Mumbai-based asset reconstruction company (ARC) has acquired some debt of a Punjab-based stressed power project owned by the GVK ......

India allows power firms to pass on imported coal costs

General

21 June, 2013

India allows power firms to pass on imported coal costs

India has decided to allow power companies to pass on the costs of foreign coal to customers, a minister said ......