Regen Powertech News Today

The Supreme Court has decided to examine an appeal by the State Bank of India (SBI)-led Committee of Creditors (CoC) of Regen Powertech (RPPL) against a National Company Law Appellate Tribunal (NCLAT) decision. The NCLAT directed the consolidation of insolvency proceedings for RPPL and its subsidiary Regen Infrastructure and Services (RISPL).

The Supreme Court has ruled that resolution professionals (RPs) do not have the authority to file appeals against bankruptcy court decisions since they are considered "neutral" individuals appointed to assist the tribunals. Only parties directly affected, such as the Committee of Creditors (CoC), can file appeals. Legal experts believe this decision will help speed up insolvency resolutions. The courts ruling came in response to an appeal filed by the RP of Regen Powertech, who challen...

NCLAT Chennai set aside an order of the NCLT that had dismissed the petitions consolidation and simultaneous Corporate Insolvency Resolution Process.

/PRNewswire/ -- The onshore wind power systems market is expected to grow by USD 42.26 billion from 2022 to 2027, according to Technavio. In addition, the...

State Bank of India (SBI) plans to sell over INR 960 billion ($12.9 billion) of distressed loans to asset reconstruction companies. The countrys largest bank prepared a list of 331 accounts, including loans to Future Group, Anil Ambani-promoted firms, Videocon Group and Jaypee Group, among others.

Offshore Wind Turbine Market is estimated to surpass USD 39.2 billion by 2031

The Business Research Company’s Wind Energy Market Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2027

Offshore Wind Turbine Market size is estimated to grow at a CAGR of 8.28% from 2022 to 2031.

Offshore Wind Turbine Market size is estimated to grow at a CAGR of 8.28% from 2022 to 2031.

/PRNewswire/ -- The direct drive wind turbine market size is set to grow by USD 61.68 billion from 2022 to 2027, progressing at a CAGR of 15.63% during the...