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Update: Reliance pens Sinosure facility for Sasan financing
12 January 2012
Reliance Power has closed $2.2 billion in loans towards its 3960 MW Sasan ultra mega power project with the backing of US and Chinese export credit agencies.
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export credit agency
eca
US Ex-Im
China
Sinosure
China Exim
Reliance Power
Sasan
India
Sasan Power has reached financial close on a long-awaited Rs 11,000 crore ($2.2 billion) financing package for its 3,960 MW Sasan ultra mega power project in Madhya Pradesh.
The final instalment of a $1.1 billion Sinosure-backed loan complements a $917 million direct loan from US Ex-Im, and a $150 million commercial loan from undisclosed...
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