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Power sector debt worth Rs 1.34 trillion at high risk: Crisil

Nearly Rs 1.34 lakh crore worth of debt on operational and under-construction power projects is at risk, says ratings agency Crisil.

The company is expected to snap its six-quarter long rising trend on the growth front by reporting a 4.4 per cent sequential drop in standalone net profit in Q2.
Petrol will cost Rs 64.05 a litre from midnight tonight as against Rs 63.47. Similarly, diesel will cost Rs 52.63 a litre as compared to Rs 52.94 a litre.
The Cabinet today gave its nod to a consortium of IOC, Oil India and BPCL buying stakes in two Russian oilfields for a total of $3.14 billion.
Union Power Minister Piyush Goyal on Thursday asked electrical equipment manufacturers to ensure quality to face competition from China, Korea and other countries.
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