 "discoms")
Indian lenders are in the process of liquidating ten power projects, with a capacity of 10.5 gigawatts, across the country after these projects failed to find any takers under the insolvency process. With this, banks will take a hit of Rs 37,200 crore on their exposure to these projects, as per an estimate by BofA Securities.
In fiscal 2018, the Indian government had identified 34 stressed coal projects with a capacity of 40 Gw and bank exposure of Rs 1.7 trillion for resolution under the bankruptcy code. Of this, till now only 12 projects with debt Rs 59,200 crore are
