39124 The Provincial Government of Cavite officially accepted and granted original proponent status to the unsolicited proposal of the SPIA Development Consortium for the $10 billion Sangley Point International Airport (SPIA). The SPIA consortium members include Cavitex Holdings Inc. (CHI) o
RPower to sell Samalkot project equipment to cut debt - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Nifty to open below 15,000 amidst weak global cues
March 05, 2021
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Most Asia-Pacific markets slumped in excess of 1% in early trade on Friday while US stocks declined overnight
The Indian markets are likely to open sharply lower on Friday, due to weak global cues and on profit booking. Cues from SGX Nifty suggest that Nifty is most likely to open below 15,000-mark. The SGX Nifty is hovering around 14,880, a decline of about 220 points, against the Nifty futures that on Thursday closed at 15,106.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities, said: “We witnessed a sharp decline (on Thursday) in our market mainly due to the sudden jump in the long-term bond yields of the US. The steady growth in the economy leads to a steady rise in the bond yields and therefore, the market should start offering discounts in the medium to long term.”
Reliance Power, JERA achieve financial closure for project in Bangladesh ANI | Updated: Mar 04, 2021 17:21 IST
Mumbai (Maharashtra) [India], March 4 (ANI): Reliance Power and JERA Co Inc, which are developing a new gas-fired power generation project in Bangladesh, have achieved financial closure with a group of lenders that includes Japan Bank for International Cooperation and Asian Development Bank.
All requisite conditions for availing drawdown under the loan agreements have been satisfied, the Anil Ambani-controlled company said in a statement on Thursday.
The project is to build, own and operate a 745 megawatt natural gas combined-cycle power project at Meghnaghat in Narayanganj, about 40 km southeast of Dhaka.
Reliance Power forms JV with Jera for 745 MW project in Bangladesh
March 04, 2021
To repay ₹3,000-crore debt by this month-end
Anil Ambani-led Reliance Power has formed a joint venture with Japan-headquartered Jera Co. Inc to develop a new gas-fired power generation project in Bangladesh.
The company has achieved financial closure for the project with a group of lenders including Japan Bank for International Cooperation and Asian Development Bank and all requisite conditions for availing drawdown under the loan agreements have been achieved, said Reliance Power in a statement on Thursday.
The project is to build, own, and operate a 745-MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat near Dhaka.