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IFCI-led consortium puts Sravanthi Energy on the block: Sources

IFCI, Axis Bank, PNB, Canara Bank, IOB, SBM are among the lenders to the company. Sravanthi Energy has a 450 MW thermal power project in Uttarakhand and the company has a debt of over Rs 1,320 crore and is already declared as a non-performing asset (NPA).

first published: Nov 29, 2016 12:08 pm

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