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    • Coal block e-auction to boost investor confidence: Report

      The entire process of e-auctioning through a nominated authority, who may engage experts to recommend re-allotment, is likely to provide the much-needed transparency to the coal allocation process, said Salil Garg, Director, India Ratings.

    • All seven states will sign FRP by fiscal end: India Ratings

      Salil Garg of India Ratings says both Haryana and Rajasthan have already raised tariffs in the past one year and going forward he is confident the other states will soon follow suit.

    • Gas price at USD 8.4 close to Rangarajan report: Salil Garg

      Talking to CNBC-TV18, Salil Garg, director corporates, India Ratings. says that the main concern of the gas price hike is more from the point of power consumers and the power sector because ultimately they will have to bear the brunt of the hike.

    • Which firms will get impacted by coal pool pricing move?

      Salil Garg of India Ratings said, “Only on those power generators or those new Independent Power Producers (IPPs) who are not operating on the cost plus model and those who have either bid on a fixed price basis and they are unable to pass through the increased cost of the imported coal back to the consumers, will be impacted by this decision.”

    • Bailout will boost banks' confidence to lend again: Fitch

      Salil Garg, director - India ratings, Fitch explains to CNBC-TV18, in his reaction to the announcement of the debt-restructuring package for power discoms, that the package would boost the confidence of banks which ceased to lend to distribution companies who were financing their operating losses with short-term loans.

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