{"id":4025,"date":"2010-09-12T00:08:18","date_gmt":"2010-09-12T04:08:18","guid":{"rendered":"http:\/\/www.orissalinks.com\/orissagrowth\/?p=4025"},"modified":"2010-09-12T00:08:18","modified_gmt":"2010-09-12T04:08:18","slug":"lanco-infratech-ties-up-funding-for-its-power-plant-in-babandh-in-dhenkanal","status":"publish","type":"post","link":"https:\/\/www.orissalinks.com\/orissagrowth\/archives\/4025","title":{"rendered":"Lanco Infratech ties up funding for its power plant in Babandh in Dhenkanal"},"content":{"rendered":"<p>Following is an excerpt from <a target=\"_self\" href=\"http:\/\/economictimes.indiatimes.com\/news\/news-by-industry\/energy\/power\/Lanco-Infra-ties-up-Rs-5500-cr-for-1320-MW-thermal-project\/articleshow\/6525166.cms\">a report in Economic Times<\/a>.<\/p>\n<blockquote>\n<p>Lanco Infratech said on Thursday that it has arranged Rs 5,544 crore from a consortium of banks led by ICICI Bank for its 1,320 MW thermal power project at Babandh in Orissa.<\/p>\n<p>Lanco Infratech&#8217;s group company Lanco Babandh Power Ltd has achieved the financial closure of the 1,320 MW coal-based power project, the company informed the stock markets today.<\/p>\n<p>The project estimated to cost Rs 6,930 crore, would be financed with a debt of Rs 5,544 crore and an equity of Rs 1,386 crore.<\/p>\n<p>A consortium of fourteen banks and financial institutions with ICICI Bank in the lead are providing the debt required for the project, it said.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Following is an excerpt from a report in Economic Times. Lanco Infratech said on Thursday that it has arranged Rs 5,544 crore from a consortium of banks led by ICICI Bank for its 1,320 MW thermal power project at Babandh in Orissa. Lanco Infratech&#8217;s group company Lanco Babandh Power Ltd has achieved the financial closure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,67],"tags":[],"class_list":["post-4025","post","type-post","status-publish","format-standard","hentry","category-district-dhenkanal","category-industry-thermal-power"],"_links":{"self":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/4025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/comments?post=4025"}],"version-history":[{"count":0,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/4025\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/media?parent=4025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/categories?post=4025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/tags?post=4025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}