Auctions a CIL bid to exploit stressed plants: Power companies - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Auctions a CIL bid to exploit stressed plants: Power companies

Pressure from lenders and desperation for coal may force stressed projects to make aggressive bids at the coal auctions. Also, there are high chances of these projects losing bank guarantees if there is no demand from discoms in two years, power producers said.

from Industry-Economic Times
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