$100 Billion at Risk of Default from Power sector
Deloitte India senior director, Debasish Mishra said state electricity boards (SEBs) and independent power producers (IPPs) put together are at risk of defaulting loans worth $100 billion. The banking sector's exposure to the sector is much more; $100 billion - $50 billion from SEBs and $50 billion from IPPs is the amount that is at risk, he added.
