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This is the best time to buy thermal power plants
Sep 07: The Allahabad High Court order will now mean that around 20GW capacity is likely to be referred to NCLT due to lack of unanimity among lenders on reaching a resolution.
8It is now likely that cash-rich players like JSW Energy, NTPC, NLC India and Torrent Power, among others, will be able to pick up these stressed assets for a song. 
8These stressed assets could face steep hair-cuts of 40-50% at the resolution stage and 60-70% at the NCLT stage in bidding values.
8This is the best possible opportunity to buy distressed assets at the cheapest possible price
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