Kundan Green Energy acquires 11.5 MW waste-to-energy plant in Jabalpur
Kundan Green Energy has taken over an 11.5 MW operational waste-to-energy plant in Jabalpur, Madhya Pradesh. The acquisition was made through insolvency proceedings under the Insolvency and Bankruptcy Code, 2016. The process was initiated by the State Bank of India and completed via the National Company Law Tribunal. The acquired facility, previously operated by the Essel Group under Jabalpur MSW Private Limited, processes about 450 tonnes of municipal solid waste each day. The electricity it…