{"id":402123,"date":"2021-02-26T11:39:08","date_gmt":"2021-02-26T06:09:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402123"},"modified":"2021-02-26T11:39:08","modified_gmt":"2021-02-26T06:09:08","slug":"jindal-family-faction-makes-rs-2500-cr-revised-offer-to-settle-power-companys-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jindal-family-faction-makes-rs-2500-cr-revised-offer-to-settle-power-companys-debt\/","title":{"rendered":"Jindal family faction makes Rs 2,500-cr revised offer to settle power company\u2019s debt"},"content":{"rendered":"<p>A Jindal family faction has made a revised offer of \u20b92,500 crore to banks to settle debts of their thermal power company, Jindal India Thermal Power, according to people in the know. The family of BC Jindal, whose nephews Naveen and Sajjan control JSPL and JSW, respectively, had previously tied up with Deutsche Bank to make an offer for their power company, but it was rejected by lenders.<\/p>\n<p>The new offer by the BC Jindal family is sans Deutsche Bank and has provided the lenders better terms, according to two people in the know. The new offer the family has made is \u20b950-100 crore higher than their previous offer, according to these people. Jindal India Thermal Power owes banks around 7,900 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Jindal family faction has made a revised offer of \u20b92,500 crore to banks to settle debts of their thermal power company, Jindal India Thermal Power, according to people in the know. The family of BC Jindal, whose nephews Naveen and Sajjan control JSPL and JSW, respectively, had previously tied up with Deutsche Bank to make an offer for their power company, but it was rejected by lenders. The new offer by the BC Jindal family is sans Deutsche Bank and has provided the lenders better terms, according to two people in the know. The new offer the family has [&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":[130,239,136],"tags":[],"class_list":["post-402123","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\/402123","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=402123"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402123\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}