News
26 June 2018

Indian banks face major losses from power sector loans

In:
Power
Region:
Asia-Pacific

Bank of America Merrill Lynch (BofA ML) suggests Indian banks face a new $38 billion wave of losses from the power sector. The power sector took a turn for the worse in 2014 when India’s Supreme Court cancelled more than 200 coal-mining permits, calling the free allocations illegal. The sudden...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
14 August 2026

Delfin FLNG: Next-level floating liquefaction

Delfin Midstream has assembled more than $5bn of strategic equity, bank debt, private credit and secured notes for the first offshore floating LNG export facility in the US....

Perspective
18 August 2026

Northland Expressway 1: New Zealand’s return to PPPs

Acciona and Aberdeen have closed on what is likely the largest PPP to date in New Zealand transport to date. The deal marks a potential revival in the use of PPP in New...