Promoters of Coastal Energen reaffirm commitment to one-time settlement with lenders

The company noted that the promoters’ total financial commitment to the project amounts to ₹7,097 crore, including the ₹5,847 crore offered as a settlement to banks (with ₹2,200 crore already settled) and ₹1,259 crore in equity progressively invested since 2006