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Liquidation of Stresses Power Assets to be Supplanted by Restructuring Loan

<p><span style="font-size:11.0pt">Imposition of stringent norms by RBI for liquidation of assets in 180 days would put many Power assets in turmoil of triggered liquidation. This may raise another bottleneck in amidst of other issues faced by stressed power assets like regulatory, fuel supply, unpaid dues by discoms, delay in land acquisition. The regulatory and policy issues are essential to be worked upon and sorted out by the power ministry primarily and push distribution companies to pay dues to generating station to keep them off from being classified from stressed assets.</span></p> <p><span style="font-size:11pt">To cobble aggravated situation RBI possibly to consider for restructuring of loan else it would lead to value reduction and will trigger liquidation of 3,000 MW of assets.</span></p> <p>&nbsp;</p>