Nine Stressed Power Assets Resolved Till Date, Says Power Ministry Official  

Nine out of the 34 stressed coal-based power plants identified by the government have been resolved, said a top official.

Smoke rises from a chimney as electricity pylons stand at a thermal power station in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Nine out of the 34 stressed coal-based power plants identified by the government have been resolved by lenders outside the insolvency courts, a top power ministry official said.

Also Read: Power Producers Vs RBI: Banks Can Initiate Insolvency Proceedings, Say Experts

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