{"id":295101,"date":"2019-10-05T10:50:30","date_gmt":"2019-10-05T05:20:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295101"},"modified":"2019-10-05T10:58:38","modified_gmt":"2019-10-05T05:28:38","slug":"nhpc-gets-debt-commitment-of-rs-4500-cr-from-pfc-rec-for-teesta-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-gets-debt-commitment-of-rs-4500-cr-from-pfc-rec-for-teesta-project\/","title":{"rendered":"NHPC gets debt commitment of Rs 4,500 cr from PFC, REC for Teesta project"},"content":{"rendered":"<p>NHPC Ltd has got a debt committment of Rs 4,500 crore with state-owned lenders Power Finance Corporation and Rural Electricity Corporation for reviving the Lanco Teesta project in Sikkim. <\/p>\n<p>With the signing of an agreement with a committee of creditors on Friday, the Union government-owned hydropower major has become the first PSU to take over a stressed asset through a resolution process in the National Company Law Tribunal (NCLT). <\/p>\n<p>The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 MW in Sikkim, said Balraj Joshi, chairman and managing director, NHPC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NHPC Ltd has got a debt committment of Rs 4,500 crore with state-owned lenders Power Finance Corporation and Rural Electricity Corporation for reviving the Lanco Teesta project in Sikkim. With the signing of an agreement with a committee of creditors on Friday, the Union government-owned hydropower major has become the first PSU to take over a stressed asset through a resolution process in the National Company Law Tribunal (NCLT). The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 MW in Sikkim, said Balraj Joshi, chairman and managing [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-295101","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295101"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295101\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}