Everrenew Energy Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: per its own reply, project management solutions for wind, solar and hybrid energy projects, including asset management. Registered office at Perungudi, Chennai.

Sector Power & Energy Bench NCLT Chennai Last process activity 44 days ago · public announcement · active

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

4 mo

This case

NCLT Chennai median · 1 yr 1 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 493 / 4,616). Pre-packs left out.

The company

Private limited company in Power & Energy, registered in Tamil Nadu

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Power & Energy · 214 closed

Resolved 28% · Liquidation 45% · Withdrawn or closed 27%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 82.0% n=58

Liquidations in this sector: typical recovery 4.7% of claims n=37

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FinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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