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Sterlite Power secures Rs 440 crore funding from Tata Cleantech Capital for Nangalbibra-Bongaigaon project

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Sterlite Power Transmission has achieved financial closure for its Nangalbibra-Bongaigaon Transmission (NBTL) project. It secured the entire debt funding of Rs 440 crore from Tata Cleantech Capital which is the first private sector climate finance institution in the Green Banking Network. The project involves construction of ~300 ckt km of transmission lines and a greenfield substation with 320 MVA transformation capacity across the North-Eastern terrain of Assam and Meghalaya.

Complete News Source : Construction Week

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