Power sector faces more stress; future is uncertain for 25 Gw projects

Stress in the power sector is continuing beyond insolvency proceedings. Due to regulatory issues, stress in the power sector is unlikely to end in the current round of insolvency cases. After coal-based power plants with a capacity of close to 30 gigawatt (Gw) landed in insolvency courts, there is a fresh list of cases that could fall in the stressed assets category if issues are not resolved. The list includes stranded gas power projects not receiving fuel supply, stuck hydropower projects, and privately-owned operation coal projects to which banks have refused to lend further. Ac.....

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