{"id":309216,"date":"2020-01-07T12:10:20","date_gmt":"2020-01-07T06:40:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309216"},"modified":"2020-01-07T12:10:20","modified_gmt":"2020-01-07T06:40:20","slug":"diversifying-source-of-borrowing-cutting-thermal-power-exposure-pawan-singh-ceo-ptc-india-financial-services","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/diversifying-source-of-borrowing-cutting-thermal-power-exposure-pawan-singh-ceo-ptc-india-financial-services\/","title":{"rendered":"Diversifying source of borrowing, cutting thermal power exposure: Pawan Singh, CEO, PTC India Financial Services"},"content":{"rendered":"<p>PTC India Financial Services (PFS), a major lender in the power sector, is gradually reducing its exposure to coal-based electricity generation. The NBFC is diversifying its source of funding, and sees 2020 to be a turnaround year. CEO Pawan Singh tells FE\u2019s Anupam Chatterjee how the recent developments in renewable energy have been an eye-opener. Excerpts:<\/p>\n<p>Are you affected by the diminishing utilisation levels of coal-based power plants?<br \/>\nWe are reducing our exposure to the thermal power sector. We have brought our exposure down from 30% last year to less than 10% now, and this will go down even further. By June-July, the share of thermal power in our lending portfolio should be around 4-5%. Around 60% of our portfolio is renewable energy and around 20% comprises various infrastructure projects such as transmission lines, sewage treatment plants, HAM road projects and some better-performing discoms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PTC India Financial Services (PFS), a major lender in the power sector, is gradually reducing its exposure to coal-based electricity generation. The NBFC is diversifying its source of funding, and sees 2020 to be a turnaround year. CEO Pawan Singh tells FE\u2019s Anupam Chatterjee how the recent developments in renewable energy have been an eye-opener. Excerpts: Are you affected by the diminishing utilisation levels of coal-based power plants? We are reducing our exposure to the thermal power sector. We have brought our exposure down from 30% last year to less than 10% now, and this will go down even further. [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-309216","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309216","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309216"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309216\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}