NPA

IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

Read more

With High Debts of Rs 370 Cr, Su-Kam to Face Auctions

In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […]

Read more

Safeguard Duty on Solar Equipment Likely to Hit India’s 100 GW Goal by 2022

The solar developers opined that it would directly affect 25 GW volume under various stages of implementation and hit out thousands of jobs in the segment. Implementation of proposed safeguard duty may hit the country’s most ambitious target of installing 100 GW capacity by 2022, believes Indian solar power developers. The solar developers opined that it would […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll