Power Finance Corporation: Stressed thermal power assets

Last Modified: Sun Jun 17 2018 22:36:37 GMT+0530 (India Standard Time)
  • Rs. 30,000 crore
    Combined worth of thermal power assets financed by PFC that are expected to land in the National Company Law Tribunal due to inability of its developers to pay off their loans. The total generation capacity of these assets is approximately 14,000 MW.
  • 4
    Number of projects for which PFC has invited expressions of interest (EoIs) for buying these assets. Close to a dozen Indian and foreign financial institutions including Bank of America Merrill Lynch, Edelweiss, JM Financial, KKR, Lonestar-IL&FS, Resurgent Power, SC Lowy, Torrent, Varde Partners, SSG Asia, Worlds Window EXIM and NIIF, that have shown interest.
  • 1,370 MW
    GMR's Raikheda Power Station. Interested parties include: NLC India, Adani Power, JSW Energy, Torrent Power, Vedanta.
  • 2,400 MW
    KSK Mahanadi
  • 600 MW
    Avantha's Jhabua Power Plant
  • 1,200 MW
    Essar's Mahan