“This financial closure has been achieved within two months of the SPV acquisition of the project,” the company said in a statement.
“This financial closure has been achieved within two months of the SPV acquisition of the project,” the company said in a statement.
Sterlite Power Transmission Limited said it has achieved financial closure for its Nangalbibra-Bongaigaon Transmission Limited (NBTL) project by securing an entire loan fund of ₹440 crore from Tata Cleantech Capital, which will be the first private sector climate in green banking network. Finance Institute.
“This financial closure has been achieved within two months of the SPV acquisition of the project,” the company said in a statement.
Sterlite Power acquired NBTL SPV in December 2021 to execute the Inter-State Transmission System project. The project involves construction of 300 ckt km of transmission lines and a greenfield substation with 320 MVA conversion capacity. The project will deliver more than 1000 MW of electricity from Assam to the western parts of Meghalaya.