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CLP India´s bonds for power plant

Power & New and Renewable Energy
May 1, 2015May 1, 2015
CLP India´s bonds for power plant
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CLP India announced that its subsidiary, Jhajjar Power Limited, has issued corporate non-convertible bonds for their 1,320 MW power plant in Haryana. JPL is raising Rs 476 crore through the issue of secured, partially-guaranteed, redeemable, non-convertible debentures with final maturity of 11 years. The bonds, with a semi-annual coupon of 9.99 per cent per annum, are being issued in two series.

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