 "lenders, creditors, loans, lending, company, firms, industry, shares, investment")
IL&FS Solar Power Limited (ISPL) has paid its entire debt amounting to nearly Rs 845 crore to its creditors - including financial and operational debt, thereby helping the IL&FS Group move ahead with the resolution process. This follows pre-payment by Embassy Energy Private Limited (EEPL) for the financial assistance provided by ISPL.
The repayments by IL&FS Solar also cover tax and statutory dues, without any preference to any creditor or class of creditors, IL&FS group said in a statement.
ISPL had undertaken construction and financing of a 100 MW solar power project in Bellary district, Karnataka, for Embassy Energy Private
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