NTPC in talks with banks to rescue ₹30,000 crore debt-laden KSK Mahanadi Power

The state-owned power giant is looking at a collaboration with banks to rescue KSK Mahanadi Power, a holding company which houses the plant. The collaboration could take the form of a 50:50 joint venture (JV) between NTPC and the banks after the former infuses funds into the company, these executives said.

from Energy-Industry-Economic Times https://ift.tt/3iRNB0r