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Issues relating to working capital to stressed or in NCLT Import Coal Based Plants

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Issues relating to working capital to stressed or in NCLT Import Coal Based Plants

In view of increased demand and unprecedented pressure on domestic coal supplies, Ministry of Power, on 05.05.2022 issued direction to all imported Coal Based Plants (ICB) under Section 11 of the Electricity Act, 2003 to operate and generate power to their full capacity, even for projects which are stressed or under NCLT. These directions will be effective upto period of 30th October, 2022. These directions will ensure that additional electricity is produced through imported coal and will be a net addition. Since domestic coal supply is constrained, therefore, it is imperative that all ICB plants should run to meet the power requirements of the country.

To restart their operations, the ICB plants which are under stress or in NCLT need working capital to buy coal and start generating power. In view of the above, it is directed to take necessary action to arrange short term loans for a period of six months with adequate safeguards, for such plants at the earliest.

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According to reports, Jimmy Kimmel is quitting the Late Night programme.

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According to reports, Jimmy Kimmel is quitting the Late Night programme.

According to reports, Jimmy Kimmel is thinking about leaving his late-night show to devote more time to his son Billy’s continuous struggle with congenital heart problems.

This week, a number of people with knowledge of the situation disclosed that Kimmel intends to leave Jimmy Kimmel Live! after his contract expires in 2025 in order to spend more time with his wife Molly McNearney, who co-head writes the show.

Kimmel’s choice, according to Radar Online, is a result of Billy’s health issues, especially in the wake of Billy’s most recent third open-heart surgery. But now he’s a “healthy kid.”

The Late Night presenter shared the news on Instagram in late May, saying, “We went into this experience with a lot of optimism and nearly as much fear and came out with a new valve inside a happy, healthy kid.”

Sources close to Radar Online claim that the Kimmels are getting ready to step back from the spotlight. According to an informant, Jimmy and his spouse prioritise their family over notoriety. They know what to do financially, so they’re prepared to step back from the spotlight and concentrate on what matters most.

“Life is too short to waste time on a job that brings you no happiness.”

Kimmel’s spokesperson denied the findings.
Even though Kimmel’s publicist denied any talks regarding his possible resignation and called the claim “silly,” especially in light of his son’s recent surgery.

“Though they’ll likely stay busy producing and developing shows behind the scenes, their main focus will be spending precious time with their family,” an insider was quoted by Perez Hilton.

Billy’s congenital heart issue was initially made public by Kimmel in 2017, not long after Billy was born, along with the difficulties his family was facing. Billy was born with a heart condition, according to an echocardiography, a type of cardiac sonography that was performed, Kimmel disclosed on his show.

“Tetralogy of Fallot associated with pulmonary atresia.” In essence, there is a hole in the wall separating his left and right sides of the heart, and the pulmonary valve was totally obstructed.

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Three days after his birth, Billy had his first successful open-heart surgery. A few months later, he had another one. Billy had his third operation last month at Children’s Hospital Los Angeles. This was his most recent procedure.

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