{"id":408640,"date":"2021-04-01T17:11:17","date_gmt":"2021-04-01T11:41:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=408640"},"modified":"2021-04-01T17:11:17","modified_gmt":"2021-04-01T11:41:17","slug":"resolution-of-stressed-rangit-iv-hydel-power-proj-complete-says-pfc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/resolution-of-stressed-rangit-iv-hydel-power-proj-complete-says-pfc\/","title":{"rendered":"Resolution of stressed Rangit IV hydel power proj complete, says PFC"},"content":{"rendered":"<p>Power Finance Corporation (PFC) on Wednesday said a consortium of lenders led by it has completed the resolution of the stressed 120 MW Rangit IV hydropower project.<\/p>\n<p>&#8220;Power Finance Corporation (PFC) as lead FI (Financial Institution) and PNB as co-lender of the consortium, completes successful resolution of a stressed asset &#8211; 4&#215;30 MW Rangit-IV HEP (Hydroelectric Project) of Jal Power Corporation Ltd (JPCL) and handed over the project to NHPC Ltd on March 31, 2021,&#8221; it said in a statement.<\/p>\n<p>The project is in Sikkim. With this successful transfer of the stressed asset to the NHPC, a new lease of life is expected to be ushered in the project, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power Finance Corporation (PFC) on Wednesday said a consortium of lenders led by it has completed the resolution of the stressed 120 MW Rangit IV hydropower project. &#8220;Power Finance Corporation (PFC) as lead FI (Financial Institution) and PNB as co-lender of the consortium, completes successful resolution of a stressed asset &#8211; 4&#215;30 MW Rangit-IV HEP (Hydroelectric Project) of Jal Power Corporation Ltd (JPCL) and handed over the project to NHPC Ltd on March 31, 2021,&#8221; it said in a statement. The project is in Sikkim. With this successful transfer of the stressed asset to the NHPC, a new lease of [&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":[132],"tags":[],"class_list":["post-408640","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408640","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=408640"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/408640\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=408640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=408640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=408640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}