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Jindal Power bids higher than Adani company for Lanco Amarkantak Power

Last week, JPL sought the bankruptcy court s approval to participate in the sale process of Lanco Amarkantak. On Friday, the Amaravati bench of National Company Law Tribunal (NCLT) directed JPL to submit a plan by Tuesday (January 16) to lenders along with a ₹100-crore bank guarantee. The NCLT will hear Wednesday JPL s petition whether it can participate in the sale process. ....

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