{"id":442262,"date":"2021-10-13T11:32:38","date_gmt":"2021-10-13T06:02:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442262"},"modified":"2021-10-13T11:32:38","modified_gmt":"2021-10-13T06:02:38","slug":"ntpc-in-talks-with-banks-to-rescue-%e2%82%b930000-crore-debt-laden-ksk-mahanadi-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-in-talks-with-banks-to-rescue-%e2%82%b930000-crore-debt-laden-ksk-mahanadi-power\/","title":{"rendered":"NTPC in talks with banks to rescue \u20b930,000 crore debt-laden KSK Mahanadi Power"},"content":{"rendered":"<p>NTPC NSE 1.42 % is in discussions for a financial rescue of a 3,600 MW thermal power plant in Chhattisgarh that is saddled with \u20b930,000 crore in debt, which it is unable to service, according to banking sector executives in the know.<\/p>\n<p>The state-owned power giant is looking at a collaboration with banks to rescue KSK Mahanadi Power, a holding company which houses the plant. The collaboration could take the form of a 50:50 joint venture (JV) between NTPC and the banks after the former infuses funds into the company, these executives said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NTPC NSE 1.42 % is in discussions for a financial rescue of a 3,600 MW thermal power plant in Chhattisgarh that is saddled with \u20b930,000 crore in debt, which it is unable to service, according to banking sector executives in the know. The state-owned power giant is looking at a collaboration with banks to rescue KSK Mahanadi Power, a holding company which houses the plant. The collaboration could take the form of a 50:50 joint venture (JV) between NTPC and the banks after the former infuses funds into the company, these executives said.<\/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-442262","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\/442262","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=442262"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442262\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}