Under the plan for the power business, the OPG group was asked to immediately infuse Rs 150 crore as equity with an assurance to bring in o...

Lenders expect to recover at least some of their Rs 45,263 crore dues from Lanco through the sale of this operational plant.

A high-level empowered committee considered these special dispensations to the troubled projects to help their lenders recover a fair value.

Nearly 40 cos have defaulted on loans of more than Rs 2K-cr but escaped getting into the resolution process.

The general consensus among bankers and analysts is that majority of the cases would be referred to bankruptcy court due to lack of unanimi...

As per a RBI circular issued on February 12, the deadline for finalising the resolution proceedings for defaulting power plants to escape b...

The lenders have set August 14 deadline to sign the deals or decide to take the projects to insolvency court.

Under the scheme, bankers have identified 11 projects, including Lanco Infratech's Anpara power plant and Jaypee Power Ventures' Nigrie pow...

The RBI’s latest regulations on stressed assets provide resolution of these assets in 180 days after which they will face liquidation. If n...

Adani Group's Korba West has an outstanding debt of Rs 3,099 crore while its Tirora project in Maharashtra has outstanding debt of Rs 11,66...

A person close to the development said IDBI last Friday accorded final approval to the scheme involving transfer of coal-fired power assets...

Lanco group, saddled with debt of a little over Rs 41,000 crore, may receive fresh loans of Rs 4,000 crore if it executes the new restructu...

Deal activity has picked up as the government’s norms suggest that the end-use facility will have to be specified to be eligible for biddin...

The diversified group, which has good presence in power sector, said various sectoral issues are delaying the process of finding investors.

Lanco Infratech posted a consolidated net loss of Rs 441.15 crore for three months ended June as it was hit by higher expenses and forex lo...

Half the loans sanctioned to existing plants remain unutilised and fund flow to new units has dried up.

In an interview with ET Now, J Suresh Kumar, CFO, Lanco Infratech, spoke about the company’s power capacity expansion plans and the possibi...