The Economic Times

JSW Mahanadi Power settles dispute with Raigarh Champa Rail; NCLAT disposes of appeal

The NCLAT disposed of an appeal between JSW Mahanadi Power and RCRIPL. Both companies reached an amicable settlement after a dispute over unpaid invoices. JSW Energy now controls both entities following separate insolvency proceedings. The NCLAT order recorded the joint memo filed by the two companies.