News
30 April 2026

Reliance faces insolvency plea from US Ex-Im over Samalkot guarantee

In:
Power
Region:
Americas, Asia-Pacific

Reliance Power is facing an insolvency application from the Export-Import Bank of the United States over an alleged default on a guaranteed debt of $165.41 million linked to subsidiary Samalkot Power. The US ECA has filed the case under Section 7 of the Insolvency and Bankruptcy Code before the...

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