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Credit Market

31 Aug 2021

Uttar Pradesh Power Corporation Ltd (UPPCL) Credit Analysis

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UPPCL received a loan of Rs 49 billion from Power Finance Corporation and REC. The amount raised was used to partially clear the dues of generating companies. As on July 31, 2021, UPPCL’s pending dues to generating companies stood at Rs 244.61 billion.

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Subhasis Mishra
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