Abandoned power plant a $38 billion warning sign for banks
Abandoned power plant a $38 billion warning sign for banks
“It is the largest bad-loan risk in the country,” said Vinayak Bahuguna, chief executive officer of Asset Reconstruction Co. of India Ltd., the firm which bought the Jharkhand plant from its creditors in 2015, about two years after construction stopped.
from Times of India https://ift.tt/2KpH4Kx
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June 25, 2018 at 06:05PM
“It is the largest bad-loan risk in the country,” said Vinayak Bahuguna, chief executive officer of Asset Reconstruction Co. of India Ltd., the firm which bought the Jharkhand plant from its creditors in 2015, about two years after construction stopped.
from Times of India https://ift.tt/2KpH4Kx
via Blogger https://ift.tt/2tCpKHw
June 25, 2018 at 06:05PM
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