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NCLT allows KSK Mahanadi lenders to distribute surplus cash of Rs 6400 crore among them

NCLT allows KSK Mahanadi lenders to distribute surplus cash of Rs 6400 crore among them

This is the first time lenders will recover a part of their dues before a resolution is approved by the NCLT. All bidders including Adani Power, the highest bidder offering Rs 27000 crore, may want to relook at their respective offers following the NCLT order.

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