Banks Talk Tough On Kasliwal Power Proj
  • Nikita Setia
  • Aug 26 2013

August 26: Post the finance ministry telling public sector banks to read out the Riot Act to wilful defaulters, lenders have sought additional equity from the Kasliwal family in the Maheshwar Hydel Project in Madhya Pradesh. Alok Sinha, Group Director at the parent company for the power project, MW Corp, says that the company is doing the best to revive the project by ensuring that the last bit of capital is raised.