(a) whether the power generation sector had 12.39% share in the NPAs of banks during December, 2015 which has increased in June, 2016;
(b) if so, the facts thereof and the percentage of said increase in June, 2016;
(c) whether the Union Government has ascertained the reasons for increase in power sector''s share of NPAs; and
(d) if so, the details thereof?
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER,
COAL, NEW & RENEWABLE ENERGY AND MINES
( SHRI PIYUSH GOYAL )
(a) to (d) : No, Madam. The share of Power Generation Sector in the Gross Non-performing Assets (GNPAs) of Scheduled Commercial Banks (SCBs), as on December 2015, was 4.54%, which has decreased to 4.38% in June, 2016, as indicated below:
(In Rs crore)
Period
as on Gross NPAs Power generations GNPAs Share of Power Generation - GNPAs in Gross NPAs (in %)
31-Dec-2015 4,36,883 19,831 4.54
30-Jun-2016 6,15,429 26,967 4.38
The Financial Stability Report (June-2015) released by the Reserve Bank of India (RBI) has highlighted some of the major problems in power sector as under:
• Fuel availability / linkages
• Project clearances
• Social activism
• Aggressive bidding in coal block auctions by power producers resulting in lower plant load factors (PLF).
• Dependence on imported coal which is more expensive.
• Poor financial health of State DISCOMs.
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