21 Nov 2025 | 3 Mins Read

JSW Energy's resolution plan for Rail Infra approved by CoC

Flipitmoney

JSW Energy secured approval from creditors for its acquisition plan of debt-laden Raigarh Champa Rail Infrastructure under the insolvency process. The plan was submitted after acquiring KSK Mahanadi Power Company Ltd for Rs 16,084 crore via insolvency. Approval from the National Company Law Tribunal is pending for transaction closure.