Posted inBank / Debt / Energy / India / News

Banks looking at bad loans worth Rs 1.75 lakh crore

The banks, which finance energy companies, are now staring at difficult times. According to a recent report published in Bloomberg, as many as 34 private power plants with a combined capacity of slightly over 40,000MW (20,405 MW operational and rest under construction) have become stressed assets for them. This is more than 10 per cent of India’s total electricity-generation capacity: 344,000MW.

— source downtoearth.org.in

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