Mumbai, Oct. 6 -- NARCL is acting through India Debt Resolution Company under the agreement to restructure BGR Energy's outstanding debt.

Under the agreement, BGR Energy's total outstanding debt of Rs 3,736 crore as of 1 October 2025 comprises sustainable debt of Rs 1,245 crore and unsustainable debt of Rs 2,491 crore. The sustainable debt is to be repaid over four years, by 30 September 2030.

As part of the restructuring, NARCL will be allotted 20% of BGR Energy's equity shares on a fully diluted basis, subject to applicable corporate and regulatory approvals. The agreement also provides NARCL with the right to appoint up to two nominee directors and includes a monitoring committee comprising representatives of the lenders and the comp...