Visibility Over Resolution Of Stressed Thermal Capacity Remains Weak: ICRA

Visibility Over Resolution Of Stressed Thermal Capacity Remains Weak: ICRA

The possibility of resolution of issues of 60 Gigawatt of stressed thermal power capacity is expected to remain weak due to concerns including absence of fresh-long term power purchase agreements, unviable tariffs amidst rising fuel costs, escalation in capital costs and uncertainty on domestic gas availability, research and ratings agency ICRA said.

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