JSW Energy subsidiary JMPCL received a ₹1,447.34 crore water charge demand from Chhattisgarh authorities.
The NCLT Hyderabad order dated 13th February 2025 extinguished all pre-resolution plan liabilities of JMPCL.
JMPCL has challenged the demand in the Chhattisgarh High Court, citing the IBC resolution plan provisions.
The company believes the claim is extinguished and not payable based on judicial precedents and the NCLT order.