(a) whether the banks have sought special dispensation on loans to gas based power plants
in the country; and
(b) if so, the details and the present status thereof?
(a) whether the banks have sought special dispensation on loans to gas based power plants
in the country; and
(b) if so, the details and the present status thereof?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) & (b): RBI has informed that IDBI Bank, State Bank of India & J&K Bank had requested
them seeking special dispensation on restructuring of accounts of Ratnagiri Gas and Power
Pvt. Ltd., and GMR Rajamundry Ltd. Besides, a reference was also received from Association
of Power Producers (AAP) seeking certain special dispensation to be extended by banks for
Gas Power Projects. However, RBI is not in favour of granting any sector specific special dispensation.