KPI Green Energy secures Rs 949 crore sanction from Canara Bank
India, March 17 -- KPI Green Energy has secured a sanction of Rs 931 crore from Canara Bank in the form of a Fresh Rupee Term Loan and Rs 48 crore in the form of a Bank Guarantee, to finance the development of its 150 MW wind power project in Gujarat.The project is secured by 25-year long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL), is being developed in Bharuch and Bhavnagar districts in Gujarat and forms part of the Company's growing Independent Power Producer (IPP) portfolio.The total project cost is estimated at Rs 1,241.68 crore, proposed to be funded in a debt'equity ratio of 75:25, with the sanctioned term loan forming the debt component of the project financing. The facility carries a door-to-door ten...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.