RBI’s new NPA norms may hit 50,000 Mw power capacity - dailyOnews

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Tuesday, March 6, 2018

RBI’s new NPA norms may hit 50,000 Mw power capacity

Power companies fear that two-thirds of private thermal power capacity is at high risk of being declared as non-performing assets (NPA), following the new norms on stressed assets issued by the RBI last month, according to industry executives. 

Severe impact is expected on 51,000-Mw existing power generation capacity set up with investments of more than Rs 4 lakh crore, and another 28,000-Mw plants are under construction, executives said on condition of anonymity. 

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