NTPC in talks with banks to rescue ₹30,000 crore debt-laden KSK Mahanadi Power - Business News: Latest News & Videos about market and economy | Trendmergers

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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 Industry-Economic Times
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