India Stressed Asset Revival: Samadhan Scheme

Last Modified: Sun Sep 02 2018 21:42:21 GMT+0530 (India Standard Time)
  • 11
    Number of stressed power projects that a State Bank of India led consortium of banks had identified for possible takeover by new promoters under the Samadhan scheme (Scheme of Asset Management and Debt Change Structure). The projects are either complete or near completion and the scheme is an effort to avoid liquidation of these plants at throwaway considerations.
  • 51%
    Percentage of equity of each of the projects that would be put up for auctions by the banks after assigned rating agencies determine their “sustainable debt” levels. The remaining equity would be held back by banks and existing promoters so that they get a chance to redeem their stakes if and when demand revives.
  • 12,460 MW
    Combined capacity of projects that are currently under consideration under this scheme, with more likely to be added. Debt burden is in the range of Rs 80,000-90,000 crore.
  • 540 MW
    Adhunik
  • 1,200 MW
    Athena Singhitarai
  • 540 MW
    Essar Mahan
  • 1,370 MW
    GMR Chhattisgarh
  • 600 MW
    GMR Warora
  • 660 MW
    Ind Barath Chennai
  • 120 MW
    Ind Barath Utkal
  • 1,800 MW
    KSK Mahanadi
  • 1,920 MW
    Lanco Amarkantak
  • 600 MW
    Madhucon Simhapuri
  • 1,350 MW
    Rattan India Amravati
  • 1,350 MW
    Rattan India Nashik
  • 1,200 MW
    SKS Binjkote