Key Financings
Major debt and equity news
There was a steady stream of merger and acquisition (M&A) activity during the year, driven by the […]
Finance
Key Financings
Stock Movement
Tracking BSE Power Index companies
The Bombay Stock Exchange (BSE) Power Index tracks the share prices of 16 power companies operating across […]
Road to Recovery
Resolution of stressed assets gains traction
Power sector financing witnessed several notable developments over the past year. These include the acquisition of REC […]
Done Deal
CLP India acquires KPTL’s assets to enter the power transmission space
The transmission segment is witnessing a growing interest from domestic and international investors. Established players are selling […]
Financial Briefs
India and overseas
NCLT approves NHPC’s bid for Lanco Teesta Hydro Power Limited (India) The National Company Law Tribunal (NCLT) […]
Costly Capital
Need to re-engineer hydro project financing
The hydropower segment has received a fresh lease of life with the Cabinet Committee on Economic Affairs […]
Financial Briefs
India and overseas
PFC raises $300 million through syndicated borrowing (India) The Power Finance Corporation (PFC) has raised $300 million […]
Global Energy Investments
Stabilise at over $1.8 trillion in 2018
According to the International Energy Agency’s (IEA) 4th Annual World Energy Investment (WEI) report published in May 2019, in […]
Financial Briefs
India and overseas
PFC raises $1 billion in the international market (India) Power Finance Corporation (PFC) has raised $1 billion […]
Finding a Resolution
Hope for GMR Rajahmundry project
In one of the first cases of stressed assets being resolved after the Supreme Court struck down […]
Financial Briefs
India and overseas
REC Limited raises Rs 11 billion through AAA-rated bonds (India) REC Limited has raised about Rs 11 […]
Major Relief
SC sets aside RBI norms for stressed asset resolution
In a major relief to many ailing power companies, the Supreme Court has set aside the February […]
Financial Briefs
India and overseas
NTPC raises $450 million under MTN programme (India) NTPC Limited has raised $450 million through a five-year […]
Piling Up
Gencos under stress as discoms’ outstandings rise
A key reason for stress in the power sector has been the outstanding dues of discoms to […]
Financial Briefs
India and overseas
CCEA approves investment proposals for four projects (India) The Cabinet Committee on Economic Affairs (CCEA) has sanctioned […]
Unlocking Value
Financiers’ perspective on the resolution of stressed assets
The high level of stress in the power sector has been an issue of concern for some […]
Financial Briefs
India and overseas
NTPC signs Rs 50 billion term loan agreement with SBI (India) On February 11, 2019, NTPC Limited […]
Stress Relief
Renascent Power acquires majority stake in PPGCL
The new year seems to have brought some cheer to the power sector. On January 1, 2019, […]
Financial Briefs
India and overseas
NTPC raises Rs 40 billion through private placement (India) NTPC has raised Rs 40 billion via bonds issued […]
Resolving the Stress
HLEC recommendations for improving debt servicing by TPPs
Over the past few years, the installed generation capacity has recorded enormous growth. However, much of this […]