Essar Power says it will make a profit in fiscal year 20174 min read . Updated: 11 May 2016, 01:49 AM IST
Lower coal prices, a revival in demand and better plant utilization have helped Essar Power improve its financial performance, says CEO Sushil Maroo
Essar Power Ltd, part of the debt-laden infrastructure conglomerate Essar Group, says it will make a net profit in fiscal 2017 after four years of losses and is looking at becoming a zero-debt company in the next three years.
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