Stressed Power Assets

3-year extension for 10 mega power projects to submit required documents

This will lead to an increase in liquidity of such projects. It will also boost the country's overall growth and ensure the revival of various stressed power assets

Stressed power assets allege less coal allocation under SHAKTI auction

Power companies fear price rise, Coal India denies any tweaking

Despite relaxation in norms, 25 stressed power assets yet to be resolved

Of the 36 identified stressed assets, seven have been resolved through debt-restructuring schemes by lenders

Slow progress on stressed power assets; only 10% capacity resolved: Icra

The balance capacity is under various stages of resolution, including through Insolvency and Bankruptcy Code (IBC)

Power engineers demand audit of privatised assets, impact on banks

Public sector technocrats oppose alleged privatisation of power supply channels

Stressed power assets set to amplify unemployment crisis: Study

Report forecasts that if a significant volume of India's coal-fired capacity turns stranded, the phenomenon could affect labour directly or indirectly linked to the coal value chain

SBI's flagship scheme for resolution of stressed power assets is in a soup

Lenders this paper spoke to said there was a concern regarding companies not cash-rich bidding for stressed assets

Adani Group may pick 51% lenders' stake in TN's power firm Coastal Energen

If the lenders succeed in selling their stake, then it would be one of the first few power projects whose debt will be resolved outside the courts

Delay in Supreme Court order puts stressed thermal power projects in limbo

The court will hear the matter after its vacation, which is from December 17 to January 1

Empowered Committee suggests pit-stop measures for stressed power units

Suggests various steps to improve coal supply; entrusts NTPC to assist units facing chronic coal crunch

Delay in SC hearing on stressed private power firms' plea against RBI

The SC in its September order asked banks not to refer any case for insolvency proceedings till further notice from the court

Ready to help revive Adani, Tata, Essar power projects in Gujarat: Lenders

Lenders will have to take Rs 100-bn haircut, cut rates

Not willing to relax norms, RBI opts out of panel on stressed power assets

According to sources, no RBI representative turned up for the first and second meeting of the panel held on August 31 and September 14

NPA uncertainty: Supreme Court decision will muddy the waters further

SC has stayed further moves against the power sector by its creditors, transferred all pleas in various courts to itself and directed RBI to maintain the status quo until the plea is heard in November

Stressed power assets: RBI denies waiver for REC's Pariwartan framework

REC seeks banks' support for framework to be also used for assets landing in NCLT

RBI skips meet on stressed power assets; SBI, PNB seek time for resolution

The absence of an RBI representative in the crucial meeting has sent a strong signal that the central bank is in no mood to relax its deadline

Decades of policy, regulation mismatch to haunt insolvency in power sector

The power ministry has identified 66 stressed power projects across coal, gas and hydro, against the finance ministry's list of 34 coal-based stressed projects

First stressed power asset resolved; Jaypee Bara goes to Resurgent Power

Prayagraj was part of the list of half dozen stressed power projects where the resolution had commenced outside the NCLT

30 stressed power accounts set to go to NCLT as RBI's NPA deadline ends

Allahabad HC on Monday had denied relief to power sector

Here's why stressed power accounts are unlikely to impact SBI numbers

With the Allahabad High Court not providing any relief on stressed power loans that are impacted by the Reserve Bank of India's (RBI's) February 12 order, one might have expected it would impact the share price of public sector banks (PSBs).On Monday, the Bank Nifty had risen 1.5 per cent on hope that the court would provide relief. However, despite the lack of interim relief, the index fell only 0.3 per cent in Tuesday's trade.There are concerns that most PSBs and corporate-focused private banks would need to make additional provision for these loans. The action deadline for RBI's order ended on Monday and this would hit banks' power accounts.Even so, the impact for State Bank of India (SBI), the largest lender, is unlikely to be significant. The share price, though down one per cent at Rs 305 on Tuesday, was still higher than last week's closing price of Rs 300.For the sector, the degree of provisioning and capital impact will vary, depending on the provisioning in place, credit ...