The Ministry of Power (MoP) has the introduced the trust retention account (TRA) for certain stressed power plants to utilise their surplus revenue after meeting operating expenses for servicing debt. As per the MoP’s order, in case the developer uses coal linkage under the amended SHAKTI policy, the TRA must be put in place, if it is not in place already. All the revenues generated will be deposited into the TRA and the lead banker would act as a TRA agent. The companies will first pay statutory payment (taxes) followed by fuel cost, transmission expenses, operations and maintenance expenses, and then pay the interest on loan and principal payments. The MoP’s order is in line with the recommendations of the High-Level Empowered Committee constituted to address the issue of stressed power assets.