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Banks stare at Rs 3.5 lakh crore new bad loans from power sector, says BofA Merrill Lynch

Updated : August 28, 2018 11:04 AM IST

81 gigawatt (GW) of India's thermal power capacity remains stressed - of which, only 7-22 GW has the potential of being taken over: ML
Despite the recent court ruling, the brokerage is positive on NTPC as it believes the state-owned power producer will benefit due to its strong balance sheet.
Banks stare at Rs 3.5 lakh crore new bad loans from power sector, says BofA Merrill Lynch
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