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Tag Archive for 'financial closure'

Rs 9,900 cr raised by Hindalco for Odisha project

Published on September 26, 2012 in Infrastructure. 0 Comments Tags: aditya birla group, aluminium smelter project, financial closure, Hindalco, Lapanga, Lapanga plant, Mahan Aluminium in Madhya Pradesh, Odisha, Utkal Alumina at Rayagada in Odisha.

The Aditya Birla Group Company had raised Rs 9,896 crore that they would use for the aluminum project in Odisha. This fund came from consortium of banks and financial institutions. The debt would be for 12.5 years with an interest rate of 11.25 percent a year. The aluminum project of the company is being funded […]

Financial Closure achieved by 27 solar Companies for a Solar Project

Published on September 14, 2012 in Energy & Power. 0 Comments Tags: 10 MW project, bidding, financial closure, National Solar Mission, second round, Solar photo voltaic projects, solar power sector, Sujana Towers.

On Wednesday, the nodal agency for the solar photo voltaic project, NTPC Vidjut Vtapar Nigam gave a statement that all of the 28 companies that won the bidding under National Solar Mission reached financial closure except one. The projects that will be made by these 27 companies is expected to add up 340 MW power […]