CEA warns of banking risks from power plant closures
Chief Economic Advisor Nageswaran warned that prematurely shutting down thermal power plants could destabilize the banking sector. Speaking at the Indo-Pacific Economic Conclave 2025, he highlighted the risk of stranded assets and undercapitalized banks due to potential write-offs.
Chief Economic Advisor Nageswaran warned that prematurely shutting down thermal power plants could destabilize the banking sector. Speaking at the Indo-Pacific Economic Conclave 2025, he highlighted the risk of stranded assets and undercapitalized banks due to potential write-offs.
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