Reliance Power has initiated discussions with the Singapore government-owned investment firm, Temasek Holdings, to raise up to $500 million and tie up funding for the three Jaypee Group hydroelectric power assets that it is acquiring. Other global pension and infrastructure focused funds have also been tapped as Reliance Power begins to firm up its funding strategy for the Rs 12,300-crore ($2 billion) acquisition – the biggest in the domestic power sector.
FlashNews:
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
Home » Reliance raises Jaypee funds
Reliance raises Jaypee funds
Infrastructure Finance
August 1, 2014August 1, 2014

Leave a Reply
You must be logged in to post a comment.