KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding – The Economic Times

KSK Mahanadi Power Company through its Resolution Professional’s (RP) counsel informed NCLT, Hyderabad, on Monday, that a change of circumstances warrants a fresh invitation of bids under the corporate insolvency resolution process (CIRP) for KSK Mahanadi Power, which was admitted into insolvency in October 2019.One of the prospective resolution applicants (PRAs) of KSK Mahanadi, Megha…