{"id":344565,"date":"2020-04-01T10:57:50","date_gmt":"2020-04-01T05:27:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344565"},"modified":"2020-04-01T10:57:50","modified_gmt":"2020-04-01T05:27:50","slug":"suzlon-resolution-plan-gets-committee-of-creditors-go-ahead","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/suzlon-resolution-plan-gets-committee-of-creditors-go-ahead\/","title":{"rendered":"Suzlon resolution plan gets committee of creditors go-ahead"},"content":{"rendered":"<p>The committee of creditors (CoC) of beleaguered wind energy producer Suzlon Energy has approved the resolution plan by 100% vote, the company said in a release to the stock exchanges on Monday. The CoC was led by State Bank of India (SBI).<\/p>\n<p>According to sources, the current proposal by promoters implies around 60% haircut to lenders on a total exposure of Rs 12,785 crore to financial creditors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The committee of creditors (CoC) of beleaguered wind energy producer Suzlon Energy has approved the resolution plan by 100% vote, the company said in a release to the stock exchanges on Monday. The CoC was led by State Bank of India (SBI). According to sources, the current proposal by promoters implies around 60% haircut to lenders on a total exposure of Rs 12,785 crore to financial creditors.<\/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-344565","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\/344565","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=344565"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344565\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}