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Power Minister asks lenders to go for sustainable resolution of stressed assets

Updated : September 06, 2018 07:37 AM IST

During the meeting, 'Pariwartan' scheme proposed by the REC was also discussed. Under the scheme warehousing of stressed power projects is mulled to protect value of these plans.
The issue of stressed assets in power sector became more vicious after Allahabad High did not give any reprieve to these plants from RBI's new framework for resolving bad loans issue on February 12, 2018.
Power Minister asks lenders to go for sustainable resolution of stressed assets

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