State electricity boards (SEBs) deteriorating financials have made recoveries difficult, says Anil Sardana, managing director of Tata Power.
CNBC-TV18 catches up with ABL Srivastava, chairman and managing director of NHPC to find out what the industry woes are at this point and how it’s going to look like from here on.
Speaking to CNBC-TV18, managing director of Tata Power, Anil Sardana says that the improved performance of coal SPVs is because of the rising coal rates in the country.
As far as loan payment issues regarding State Electricity Boards (SEBs) are concerned, Khunteta said that most SEBs pay back on time, while there are payment delays from boards in north eastern states until they get money from the Central Government.