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July 17, 2013

Tata Power in discussion with lenders to seek waivers on penalties for loans....

  Tata Power seems to be in discussions with various lenders to avoid/postpone the  penalties as it failed to fulfil the conditions of USD 2.3 billion loans taken for tis 4000 MW Mundra Ultra Mega Power Project (UMPP).     Tata Power has failed to meet the Debt to Equity  Ratio and Debt Service Coverage Ratios...
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