{"id":504252,"date":"2022-07-08T11:25:57","date_gmt":"2022-07-08T05:55:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504252"},"modified":"2022-07-08T11:25:57","modified_gmt":"2022-07-08T05:55:57","slug":"gmrs-lenders-agree-to-rework-power-units-rs-2900-crore-loans","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmrs-lenders-agree-to-rework-power-units-rs-2900-crore-loans\/","title":{"rendered":"GMR&#8217;s lenders agree to rework power unit&#8217;s Rs 2,900 crore loans"},"content":{"rendered":"<p>Lenders have agreed to restructure \u20b92,900 crore of loans to GMR&#8217;s power-producing unit, GMR Warora Energy, in what would help the group remove the non-performing-account tag on it, said two people aware of the development. An NPA tag makes it difficult for a company to raise fresh funds or make an acquisition under the Insolvency and Bankruptcy Code. Also, at times, it is difficult to win government contracts, the people said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders have agreed to restructure \u20b92,900 crore of loans to GMR&#8217;s power-producing unit, GMR Warora Energy, in what would help the group remove the non-performing-account tag on it, said two people aware of the development. An NPA tag makes it difficult for a company to raise fresh funds or make an acquisition under the Insolvency and Bankruptcy Code. Also, at times, it is difficult to win government contracts, the people 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-504252","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\/504252","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=504252"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504252\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}