On Saturday, Yes Bank announced that its 8.74 percent stake in Jhabua Power had been extinguished as a result of the company's debt being resolved through the corporate insolvency procedure.

The plant has a ₹8,000 crore debt ... PFC’s successful resolution of the 600 MW thermal power project of Jhabua Power Ltd, situated in the Seoni district of Madhya Pradesh, last month.

A second thermal power plant of 1260 MW is also under various stages of construction at Seoni, near Jabalpur, Madhya Pradesh, through the company's project at Jhabua Power Ltd. APIL has a plant at ...