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The NCLAT directed the resolution professional of SKS Power Generation to submit the email sent to Sarda Energy on May 8, 2023, seeking clarifications over its resolution plan for the debt-ridden...

Lenders of SKS Power Generation received Rs 1,950 crore from Sarda Energy, the successful bidder. Torrent Power and Vantage Point challenged the NCLT order, seeking a stay on the bid.

Torrent Power appeals NCLAT against approval of Sarda Energy's bid for SKS Power Generation, citing discriminatory selection process and higher upfront payment.