Debt restructuring may not turn around discoms sustainably
Financial restructuring under UDAY will provide some immediate breathing space. To start with, the participating states will take over 75 per cent of discoms´ debt outstanding at end-September 2015 by FY17. The rest of the debt will be re-priced or issued as state-guaranteed discom bonds at coupon rates about 3 per cent less than the average existing interest rate (around 12 per cent).
Let´s have plug and play in the transmission sector
We have recently seen quite a few new transmission system projects being announced. For e.g. the Rs 10,000 crore North Eastern Region Power System Improvement Project (NERPSIP) and the 800 kV 6,000 MW HVDC Raigarh´Pugalur Transmission project.
Our current order book position is Rs.2,400 crore
Skipper Limited is amongst the world´s top 10 largest manufacturers of T&D products. Our products include transmission towers up to 1,200 KV including fasteners and accessories, distribution line poles and monopoles.
Advertise Here [300 W x 250 H pixels]