{"id":352431,"date":"2020-05-21T11:19:15","date_gmt":"2020-05-21T05:49:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352431"},"modified":"2020-05-21T11:45:17","modified_gmt":"2020-05-21T06:15:17","slug":"rs-90000-cr-liquidity-infusion-breather-for-power-generating-companies-crisil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rs-90000-cr-liquidity-infusion-breather-for-power-generating-companies-crisil\/","title":{"rendered":"Rs 90,000 cr liquidity infusion breather for power generating companies: CRISIL"},"content":{"rendered":"<p>The government&#8217;s Rs 90,000 crore liquidity infusion into cash-starved power distribution firms is a breather for generating companies and the move will help 9.4 GW private thermal coal capacities from defaulting post moratorium, CRISIL Ratings said on Wednesday.  <\/p>\n<p>The move would help clear a chunk of discoms&#8217; obligations to generation companies (gencos), it said in a statement.<\/p>\n<p>The loans are to be provided through Power Finance Corporation (PFC) and REC against receivables of discoms backed by state government guarantees.<\/p>\n<p>According to the statement, the relief comes at a time when 53 GW coal-based power generation capacities of independent producers \u2013 excluding 22 GW under debt resolution \u2013 are facing the ramifications of the liquidity squeeze at distribution companies (discoms).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government&#8217;s Rs 90,000 crore liquidity infusion into cash-starved power distribution firms is a breather for generating companies and the move will help 9.4 GW private thermal coal capacities from defaulting post moratorium, CRISIL Ratings said on Wednesday. The move would help clear a chunk of discoms&#8217; obligations to generation companies (gencos), it said in a statement. The loans are to be provided through Power Finance Corporation (PFC) and REC against receivables of discoms backed by state government guarantees. According to the statement, the relief comes at a time when 53 GW coal-based power generation capacities of independent producers \u2013 [&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":[146,130,234],"tags":[],"class_list":["post-352431","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352431","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=352431"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352431\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}