022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

DEBT | 5 March 2012

IFC May Invest $400 Mn In Power Grid Corporation

by Irfan Khan
IFC May Invest $400 Mn In Power Grid Corporation
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan

IFC may invest $400 Mn in Power Grid Corporation of India Limited, a national power transmission company of India responsible for planning, coordination and undertaking high voltage inter-state transmission in the country.

Power Grid has undertake project to enhance electricity transmission infrastructure in India.

The total project cost is estimated to be $2.3-3.5 bn over the next 12 months proposed to be 70% financed with debt and remaining from internal accruals.

IFC will invest $400 Mn which constitutes 15% of project cost, while balance debt will be raised including from multilaterals namely World Bank and ADB, and through issuance of domestic bonds.

L Capital To Invest R750Cr In Raymond Apparel

L Capital To Invest R750Cr In Raymond Apparel

L Capital is planning to invest R750Cr ($150 Mn) in Raymond Apparel Limited, a subsidiary of Raymond Limited for minority stake.

Read More...

Take Solutions Backs Wellness Education Startup Bodhi Health

Take Solutions Backs Wellness Education Startup Bodhi Health

BSE listed product led services company, Take Solutions has backed Gurgaon based health education startup, Bodhi Health invested R75 Lakh as seed capital.

Read More...
Subscribe
Enter your Email address
to receive all the news