Moneycontrol
Last Updated : Mar 27, 2018 08:13 AM IST | Source: CNBC-TV18

Central government to create SPV to operate stressed assets in thermal power space

The central government is considering the creation of a special purpose vehicle (SPV) by NTPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).

CNBC TV18 @moneycontrolcom

The central government is considering the creation of a special purpose vehicle (SPV) by NTPC, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).

This SPV will operate stressed assets in the thermal power space.

In an exclusive conversation with Anshu Sharma, Power Minister RK Singh said that he has discussed this idea with the finance ministry.

Watch accompanying video for more details.
First Published on Mar 27, 2018 08:00 am

tags #Business

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