The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.
Lineman Diwas was celebrated in Delhi to honor the dedication of linemen and ground staff. Around 250 participants attended the event. A safety pledge was administered. Ministers and officials acknowledged their vital role in maintaining uninterrupted power supply. Modern technologies and safety practices were discussed. Awards were given to high-performing discoms and linemen.
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