Gummidipoondi thermal plant of ARS Energy on the block at Rs 211.94 crore reserve price
The liquidator of ARS Energy Pvt Ltd has put the company’s 60 MW coal-based thermal power plant at Gummidipoondi in Tamil Nadu’s Thiruvallur district up for e-auction at a reserve price of Rs 211.94 crore. This comes about five months after the creditors rejected seven resolution plans for the company. According to the sale notice…

