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Everstone, TVS Capital-backed wind turbine firm in the NCLT dock

By Beena Parmar

  • 17 Dec 2019
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Everstone, TVS Capital-backed wind turbine firm in the NCLT dock
Credit: Thinkstock

A Chennai-based wind turbine firm backed by Everstone Capital, TVS Capital and MCap Advisors has been admitted to the insolvency court, as tumbling tariffs and other challenges take a toll on the wind energy sector. The National Company Law Tribunal (NCLT) has started proceedings against ReGen Powertech Pvt. Ltd after a ......

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