Wednesday, September 25, 2019

GVK in talks with Deutsche Bank to swap Punjab Power Plant debt

GVK Power (Goindwal Sahib) Ltd (GPGSL) was unable to run the plant at optimal capacity during financial year 2017-18 and 2018-19 primarily on account of low availability of fuel and hence defaulted on repayment of dues to lenders.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2lcHRDJ

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