Power Today |
 
Advertise Here [728 W x 90 H pixels]
News Brief | April 2011

R-Power raises Rs 4,000 crore from PFC for power projects

Reliance Power, the flagship power company of Anil Dhirubhai Ambani Group (ADAG), has raised around Rs 4,000 crore of debt from public sector infrastructure financing company Power Finance Corporation (PFC), to achieve financial closure of two ultra mega power
projects (UMPP). The UMPPs are coming up at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh. PFC has committed Rs 2,000 crore of debt each for the upcoming UMPPs. The loans raised have a maturity period of around 20 years with an average interest rate of 12 per cent. Reliance Power had recently bagged three UMPPs in the country. The third is in Jharkhand.

Contact: R-Power
Tel: +91 22 3038 6010
Web: www.reliancepower.co.in
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image

 

Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550


Advertise Here [728 W x 90 H pixels]