Reliance Infrastructure Limited — Important, 03-06-2025: General Updates
03-06-2025 | 11:47 am
03-06-2025 | 11:47 am
Reliance Infrastructure’s petition for Corporate Insolvency Resolution Process, triggered by unpaid solar energy invoices worth Rs 88.68 crore to Dhursar Solar Power, has been admitted by NCLT Mumbai. Though the principal was paid during the process, delayed payment interest remains classified as operational debt. Interim Resolution Professional is in place, and a moratorium on legal actions and asset transfers is effective, impacting the company’s operational flexibility amid ongoing tariff disputes.
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