Association Of-power-producers

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Association Of-power-producers - Total results - 7
Supreme Court order on NPAs: Power firms body heaves a sigh of relief, says ruling will give flexibility to restructure debt
Business

Supreme Court order on NPAs: Power firms body heaves a sigh of relief, says ruling will give flexibility to restructure debt

The apex court quashed the RBI circular of 12 February, 2018, that made it mandatory for banks to recognize even a one-day default by the borrowers

Supreme Court strikes down RBI's 12 February circular on bankruptcy proceedings, declares it illegal
Business

Supreme Court strikes down RBI's 12 February circular on bankruptcy proceedings, declares it illegal

Last month, the RBI had maintained that there was no dilution in its stand with regard to 12 February circular on stressed assets recognition and resolution.

Distressed assets: Independent power producers urge RBI to extend deadline for filing resolution plans
Business

Distressed assets: Independent power producers urge RBI to extend deadline for filing resolution plans

The RBI released a list of authorised credit rating agencies on 21 May, 2018, reducing the time available to implementing resolution plans by 82 days.

RBI to FinMin: 12 February circular gives enough space for resolution of bad loans in power sector
Business

RBI to FinMin: 12 February circular gives enough space for resolution of bad loans in power sector

RBI made its stand clear at a stakeholders' meeting, called by the ministry to discuss the circular, the implementation of which was stayed for the power sector by Allahabad High Court.

New NPA rules: Power producers' body accuses RBI of overruling Parliamentary standing panel
Business

New NPA rules: Power producers' body accuses RBI of overruling Parliamentary standing panel

The Association of Power Producers has accused the RBI of over-ruling the Parliamentary standing panel on power and key ministries with its February 12 circular that ended all the existing loan restructuring mechanisms and voted for insolvency code to resolve stressed assets

Rail Budget:  Power tariffs may rise after hike in freight rates for coal
Economy

Rail Budget: Power tariffs may rise after hike in freight rates for coal

The Railway Budget for 2015-16 proposed raising freight rates for 12 commodities that include a 6.3 percent increase for coal.

 Govt slaps 21% duty on power equipment import
Business

Govt slaps 21% duty on power equipment import

In May, the Cabinet had deferred the proposal to raise the duty on imported power gear.