Lenders To Ratnagiri Power Agree On Debt Resolution Plan
An NTPC power plant. RGPPL is owned by NTPC and GAIL (India) and holds the assets of Dabhol Power Company, which has been an NPA for nearly two decades. (Photographer: Prashanth Vishwanathan/Bloomberg)

Lenders To Ratnagiri Power Agree On Debt Resolution Plan

Lenders to Ratnagiri Gas and Power Pvt. Ltd. have agreed to move ahead with a resolution plan, which includes a conversion of part of the company’s debt into cumulative redeemable preference shares...
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