The Supreme Court overturned the Telangana High Court’s order, allowing insolvency proceedings for Adani Power’s Rs 27,000-crore bid for the 1,800 MW KSK Mahanadi project to proceed, stating the HC had no jurisdiction. This decision impacts a long-pending corporate debt resolution.
SC revives Adani Power's Rs 27,000 cr bankruptcy resolution for KSK Mahanadi project
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