project financing

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    CIRP Narrowed: NCLAT Modifies Insolvency Order

    New Delhi, March 30 Providing partial relief to NCR-based realty firm Vatika, the NCLAT has restricted the insolvency proceedings against it to a specific Gurgaon-based project, Project Aspirations.Modifying the order passed by the National Company Law Tribunal (NCLT), the appellate tribunal...
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    Dulhasti Stage-II Project Progress – Construction and Land Acquisition

    NHPC Limited developed the 390 MW Dulhasti Power Station through financing via equity and loans or market borrowings, the Centre informed Parliament.In a written reply in the Rajya Sabha to a question raised by Member of Parliament Sajjad Ahmed Kichloo, Minister of State for Power Shripad Naik...
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    India's Rooftop Solar Program Receives $197.67M World Bank Guarantee

    Washington, February 17 – India’s ambitious plan to expand rooftop solar power secured a $197.67 million guarantee from the World Bank Group’s guarantee arm on Tuesday.The five-year guarantee supports refinancing a $500 million loan from the World Bank to the State Bank of India for...
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