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Jindal Power gets $470m loan for Botswana project

Positive+393 sources

GreyOak summary

Jindal Power Ltd. secured a $470 million nine-year offshore loan from Axis Bank, ICICI Bank, and the Export-Import Bank of India to fund a 700-megawatt coal power plant in Botswana.

What it affects

  • EnergyPositive +39

    Funding for Botswana power project.Rolling sentiment Positive +38

Source

Read the original at BusinessLine

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