NCLT approves NHPC’s Rs 165 crore resolution plan for Jalpower Corp
NEW DELHI: The National Company Law Tribunal (NCLT) has approved state-run NHPC’s Rs 165 crore resolution plan for taking over Jalpower Corp as going concern, an official statement said on Thursday. JPCL was executing 120-mw Rangit Stage-IV Hydroelectric Project in Sikkim. The company is currently undergoing Corporate Insolvency Resolution Process which was initiated on April … Read more