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Tag: energen

Energen Raises Compliance Concerns under IBC Guidelines
Delhi India

Energen Raises Compliance Concerns under IBC Guidelines

Suditi Raje 10/04/2024

Bidders many but deviations even more. That’s the issue raised by Coastal in their submissions. While they see merit in the process the Banks and the Business believe that better solutions exist 10th April, 2024,…

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Promises Broken, Future Bleak: Coastal Energen Suffers as Banking System Fails Established Power Player

Suditi Raje 21/02/202421/02/2024Leave a comment

Delhi, 21st February, 2024 Coastal Energen Private Limited (CEPL) faces significant challenges that threaten its operation and ability to serve the state’s power needs. These include non-disbursement of crucial working capital by banks, increased construction…

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