Friday, March 29, 2019

Pvt producers seek TReDS mechanism to clear Rs 41,240 cr dues

Pvt producers seek TReDS mechanism to clear Rs 41,240 cr dues In a letter to power secretary Ajay Kumar Bhalla, the Association of Power Producers Friday said delay in recovery of receivables, especially regulatory receivables, has created stress on their finances as it impacts their ability to service debt and severely restricts working capital liquidity.

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