IFLR1000

Chhatisgarh 1370 MW coal power plant

26/3/2015
Project development, Project finance
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Re 15 billion

$ 226 million

Completed

26/3/2015

Overview:

  • Chhatisgarh 1370MW coal power plant.
  • GMR Chhatisgarh is developing the plant which is a super critical coal plant consisting of two 685MW power units and is located in the Raipur district.
  • The company took out $226 million in financing from Axis Bank in 2015 to cover additional costs.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

India

Industry sector:

Energy

Firm:
Luthra and Luthra Law Offices India

Party: Axis Bank (Lender)

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