(EnergyAsia, May 6, Tuesday) — The Asian Development Bank (ADB) has agreed to lend $450 million to Coastal Gujarat Power Limited (CGPL), a wholly owned subsidiary of the Tata Power Company Limited which is the largest private power utility in India.CGPL will build, own and operate the 4,000MW Mundra ultra mega power project in the…
INDIA: ADB to lend $450 million for the ultra mega power project in Gujarat state
Posted on May 5, 2008 by EnergyAsia