The idea is that these plants are run by the SPV without any change in their current ownership, for a reasonable period, within which their value could improve as demand picks up.

Another mega NPA list may be in the making for lenders

Govt to encash the bank guarantee for these projects worth up to Rs 350 cr

Shakti to resurrect units of Reliance Power, Adani, Bajaj Hindustan, Lanco etc

The availability of power at cheaper rates in the market has led to the TS not giving the nod for renewing the PPA with Lanco.

Solar projects in India secured major financing deals as corporate funding of such projects rebounded in the third quarter of the current financial year, rising to nearly $3 billion in 45 deals glo

Private, state thermal producers exceed capacity addition targets; hydro, nuclear power languish

Lanco, Dabhol bag half of gas in e-auction by Power Ministry

To make Odisha an industrial state, the Naveen Patnaik government signed MoUs with 30 independent power producers (IPPs) to set up their units in the state since 2005.

MUMBAI: The sun is finally setting on SunEdison in India.

Lanco has received 2-year extension of environment clearance validity, with certain conditions, for its 1,320 MW thermal power plant in Maharashtra.