{"id":309131,"date":"2020-01-07T11:05:41","date_gmt":"2020-01-07T05:35:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309131"},"modified":"2020-01-07T11:28:00","modified_gmt":"2020-01-07T05:58:00","slug":"asset-quality-of-power-sector-ifcs-takes-a-hit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/asset-quality-of-power-sector-ifcs-takes-a-hit\/","title":{"rendered":"Asset quality of power sector IFCs takes a hit"},"content":{"rendered":"<p>The slow resolution of stressed thermal assets, accumulated discom dues, and headwinds faced by the renewable energy sector have impacted the asset quality of infrastructure finance companies (IFC) in the power sector.<\/p>\n<p>Infrastructure credit saw a negligible increase to Rs 21.2 lakh crore in the first-half of fiscal 2020, as against Rs 21.1 lakh crore in fiscal 2019, , according to ratings agency ICRA.<\/p>\n<p>This almost flat increase in the first-half means that the government\u2019s fiscal position would come in the way of higher spending on infrastructure. \u201cOverall, the growth in total infrastructure credit in FY2020 is likely to remain lower than last year,\u201d noted ICRA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The slow resolution of stressed thermal assets, accumulated discom dues, and headwinds faced by the renewable energy sector have impacted the asset quality of infrastructure finance companies (IFC) in the power sector. Infrastructure credit saw a negligible increase to Rs 21.2 lakh crore in the first-half of fiscal 2020, as against Rs 21.1 lakh crore in fiscal 2019, , according to ratings agency ICRA. This almost flat increase in the first-half means that the government\u2019s fiscal position would come in the way of higher spending on infrastructure. \u201cOverall, the growth in total infrastructure credit in FY2020 is likely to remain [&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":[130],"tags":[],"class_list":["post-309131","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309131","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=309131"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309131\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}