{"id":310783,"date":"2020-01-17T11:35:11","date_gmt":"2020-01-17T06:05:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310783"},"modified":"2020-01-17T11:35:11","modified_gmt":"2020-01-17T06:05:11","slug":"deutsche-bank-led-group-a-step-closer-to-jindal-india-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/deutsche-bank-led-group-a-step-closer-to-jindal-india-deal\/","title":{"rendered":"Deutsche Bank-led group a step closer to Jindal India deal"},"content":{"rendered":"<p>A Deutsche Bank-led consortium\u2019s efforts to buy out the debt of a power plant operator in eastern India have advanced, after no rival bidder emerged.<\/p>\n<p>The struggling utility is Jindal India Thermal Power Ltd., one of a string of power plants being put up for sale by banks stuck with their defaulting debt.<\/p>\n<p>The sector has been hit hard by oversupply in recent years, a consequence of a costly push to bridge India\u2019s once chronic power deficit and expand reach to under-supplied rural areas. Power generators form a significant chunk of India\u2019s $130 billion bad loan pile.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Deutsche Bank-led consortium\u2019s efforts to buy out the debt of a power plant operator in eastern India have advanced, after no rival bidder emerged. The struggling utility is Jindal India Thermal Power Ltd., one of a string of power plants being put up for sale by banks stuck with their defaulting debt. The sector has been hit hard by oversupply in recent years, a consequence of a costly push to bridge India\u2019s once chronic power deficit and expand reach to under-supplied rural areas. Power generators form a significant chunk of India\u2019s $130 billion bad loan pile.<\/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":[130,239,136],"tags":[],"class_list":["post-310783","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310783","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=310783"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310783\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}