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 […]
Finance
Piling Up
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 […]
Financial Briefs
India and overseas
Government sells 52.63 per cent stake in REC to PFC (India) The Cabinet Committee on Economic Affairs […]
Exploiting Synergies
PFC-REC combined entity to create financing behemoth
On December 6, 2018, the Cabinet Committee on Economic Affairs (CCEA) gave in-principle approval for the sale […]
Bailout Plan
HPC recommendations to revive stranded projects in Gujarat
In a major step towards reviving the stranded power projects operated by Adani Power Limited (APL), Tata […]
Financial Briefs
India and overseas
REC raises $700 million through GMTN programme (India) REC Limited has raised $700 million through global medium […]
Strategic Deal
CDPQ set to acquire stake in CLP India
In a significant merger and acquisition (M&A) deal in the power sector, in September 2018, Canadian pension […]
Financial Briefs
India and overseas
NTPC announces voluntary liquidation of Bharat Forge JV (India) NTPC Limited has announced a voluntary liquidation of […]
Under Pressure
Sector seeks a solution to the stressed assets issue
The issue of stressed assets is not new for the power sector. However, developments in the past […]
Stock Movement
Performance of key power companies in the past one year
The Bombay Stock Exchange (BSE) Power Index tracks the share prices of 18 power companies operating across […]
Key Financings
Major debt and equity deals
The power sector has witnessed considerable financial activity in the past year, with the focal point being […]
Priority Sector Lending
Access to finance continues to be a bone of contention for the renewable/decentralised energy sector in India. […]
Financial Briefs
Powergrid signs Rs 100 billion term loan agreement with SBI (India) Power Grid Corporation of India Limited […]
NTPC Steps In
Acquisition of three thermal plants in Bihar to lower the cost of generation
The country’s largest power generation company, NTPC Limited recently announced the acquisition of three projects in Bihar, […]
Financial Briefs
India and overseas
PFC provides Rs 26.26 billion financial assistance to RRVUNL (India) The Power Finance Corporation (PFC) has extended […]