Finance

Restructuring Plan

The restructuring efforts of the debt-laden IL&FS Group’s power arm, IL&FS Tamil Nadu Power Company Limited (ITPCL), moved forward last month with one of its creditors, PTC India Financial Services (PFS), approving the resolution plan […]

Finance

Financial Briefs: India and overseas

PFC’s maiden taxable bond issue oversubscribed Power Finance Corporation (PFC) launched a Rs 50 billion taxable non-convertible debenture (NCD) issue on January 15, 2020. The issue was subscribed nearly nine times and closed for subscription […]

Diesel Engines and Gas Gensets

Leasing Model

Government initiatives such as Make in India, Atmanirbhar Bharat, the performance-linked incentive (PLI) scheme are expected to generate a high demand for backup power supply from the manufacturing industry. Apart from this, a high demand […]