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Record foreign loans approved for Reliance’s Sasan project

30 September 2011

Record loan deals from US Ex-Im and Chinese state banks for Reliance Power’s Sasan project approved by Indian government.

Read more: export credit agency eca US Ex-Im China Exim CDB Reliance Power Sasan project Bank of China Samalkot

The Reserve Bank of India has approved an Rs 11,000 crore ($2.2 billion) external commercial borrowing facility for Reliance power to refinance its 3,960 MW Sasan ultra mega power project in Madhya Pradesh.

Over the next few weeks project company Sasan Power, will start to draw down financing facilities from The Export-Import Bank of China (China Exim), China Development Bank...


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