{"id":549156,"date":"2023-01-23T10:39:07","date_gmt":"2023-01-23T05:09:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=549156"},"modified":"2023-01-23T10:39:07","modified_gmt":"2023-01-23T05:09:07","slug":"bidders-set-up-close-fight-for-sks-power-financial-creditors-could-make-a-full-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bidders-set-up-close-fight-for-sks-power-financial-creditors-could-make-a-full-recovery\/","title":{"rendered":"Bidders set up close fight for SKS Power; financial creditors could make a full recovery"},"content":{"rendered":"<p>Bids to take over the debt-laden 600-MW SKS Power Generation plant are in a tight range, setting the stage for a close contest between the bidders that include two of the country&#8217;s biggest conglomerates &#8211; the Adani Group and Reliance Industries. Initial resolution plans submitted by the seven bidders are in the range of \u20b91,400 crore-\u20b91,600 crore, indicating a maximum recovery at this stage itself at 85% for financial creditors for their \u20b91,890-crore dues. These bids are on basis of net present value (NPV), which discounts future cash flows to factor in the time value of money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bids to take over the debt-laden 600-MW SKS Power Generation plant are in a tight range, setting the stage for a close contest between the bidders that include two of the country&#8217;s biggest conglomerates &#8211; the Adani Group and Reliance Industries. Initial resolution plans submitted by the seven bidders are in the range of \u20b91,400 crore-\u20b91,600 crore, indicating a maximum recovery at this stage itself at 85% for financial creditors for their \u20b91,890-crore dues. These bids are on basis of net present value (NPV), which discounts future cash flows to factor in the time value of money.<\/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-549156","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\/549156","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=549156"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/549156\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=549156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=549156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=549156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}