India Power Corporation Ltd., under Corporate Insolvency Resolution Process, has reported the outcome of the seventh meeting of its Committee of Creditors held on September 11, 2026. The creditors approved a clarification and addendum to the eligibility criteria for consortium applicants under the Invitation for Expression of Interest for the company’s insolvency resolution process through an e-voting process that concluded on September 12, 2026.
This development marks a procedural step in advancing the resolution framework for India Power, potentially widening or refining the pool of prospective consortium bidders interested in acquiring or restructuring the business. The decision signals continued progress in the company’s…