Friday, January 8, 2021

Infra sector firms want renegotiation of EPC contracts amid rise in input cost; lenders oppose

"The contract is sacrosanct. It's the contract against which we provide finance," State Bank of India general manager for project finance Sanjay Kumar Singh said Friday. He said that banks have been taking this up with the government at different platforms saying that re-negotiation may become a challenge for them.

from Banking/Finance-Industry-Economic Times https://ift.tt/3pUX3Ry

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