Lakadia Vadodara Tranmission Project Ltd (LVTPL)

Lakadia Vadodara Transmission Line - Refinancing

Industry
Power/Electricity transmission
Area of finance
Project & Infrastructure Finance
Region
South Asia
South Asia
Countries
India

Deal Overview

Sterlite Power has refinanced the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational. The new refinancing secures a reduced interest rate of 8.25% for a term of 18 years. The LVTPL project connects the 765/400 kV substation at Lakadia to Vadodara...

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Deal Volume
$221.55m
Financial Close
14/02/2024
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Tranches

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Project Deals

Lakadia Vadodara Transmission Line
$276.57m
Greenfield
Electricity transmission
South Asia
South Asia
India