SAN JUAN, Puerto Rico— Puerto Rico's heavily indebted public power company is asking creditors for more time to present its restructuring plan. The Electric Energy Authority owes more than $9 billion and is still negotiating with creditors. The announcement comes as Puerto Rico seeks to have its public corporations given protection under the federal...» Read More
Cramer has a suggestion. Check out his interview with this company's CEO.
India’s power sector attracted $2.1 billion in private equity funds last year, making up 46 percent of total PE infrastructure investments and 28 percent of all PE investments in India.
Cramer thinks so, especially following a string of deals in the utility industry.
The oil minister has ordered Reliance Industries to stop gas supplies from India's biggest gas field, the Krishna Godavari (KG) D6 block, to non-core users. The reason being a sharp decline in the production from the block.
The Lightning Round is extended in this CNBC.com exclusive feature.