SJVN construction finance facility: SJVN secures Rs 10,000 cr construction finance facility from banks
State-owned SJVN Ltd has secured a Rs 10,000 crore construction finance facility to fund its renewable energy projects from leading domestic and international lenders. The facility, a first-of-its-kind transaction, was arranged by SJVN Green Energy Limited (SGEL) in association with SBI Capital Markets Ltd (SBI CAPS). The facility will allow SJVN to draw down funds on an ongoing basis, enabling it to fast-track the development of under-construction renewable energy projects.
Source: indiatimes.com