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Reliance raises Jaypee funds

Reliance raises Jaypee funds

Reliance Power has initia¡ted 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

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WB aid for THDC hydro power project

WB aid for THDC hydro power project

The World Bank will pro­vide a loan of $ 648 million to the state run THDC India for constructing the Vishnugad Pipalkoti hydroelectric plant. This plant on the Alaknanda river is expected to generate 1,665 million units of electri­city annually