Thursday, 11 May 2017

Essar Power asks lenders to work on debt recast

KOLKATA: Essar Power has requested lenders to work out a debt recast plan for ensuring sustainability of group company Essar Power Gujarat Ltd (EPGL) as it fears an unfavourable tariff order might wipe off EPGL’s cash flow necessary for servicing debt. Essar Power asks lenders to work on debt recast
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