Low renewable tariffs good but should be viable: PFC CMD Rajeev Sharma

Low renewable tariffs are good for the country provided the projects are financially viable at these levels, Power Finance Corp Chairman and Managing Director Rajeev Sharma said. The company has no exposure to aggressively bid projects given its strong appraisal mechanism takes care of such risks, he said in an interview to ET’s Sarita Singh. The power sector financier is looking at various ways to resolve NPAs including takeovers by PSUs, diversifying borrowing portfolio and tie-ups with discom ..

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