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RELIANCE POWER ACHIEVES FINANCIAL CLOSURE FOR SASAN PROJECT (raised Rs125 billion from a consortium of banks led by State Bank of India and Rs25 billion from IIFCL).

India Business Insight

| May 31, 2009 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Reliance Power Ltd has achieved financial closure for its Rs194- billion Sasan Ultra Mega Power Project. RPL is setting up the project with a debt-equity ratio of 75:25. India Infrastructure Finance Company Ltd (IIFCL) will contribute Rs25 billion to finance the …

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