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Deepak Kochhar's NuPower Renewables blames bank loan default on MSEDCL
The company dodged paying its principal amount and has held non-receipt of dues from Maharashtra State Electricity Distribution Company (MSEDCL) for the default
ED attaches Chanda Kochhar's South Mumbai apartment, assets
The total book value of these assets attached is to the tune of Rs 78 crore
NuPower Renewables's plan to sell arm to AMW did not materialise
The sale of NuPower Technologies was part of NuPower's plans to restructure its business
Accion Diversified Fund awaits returns from its NuPower investment
The fund owns 55% in NuPower, its only investment in India
