|
Corporate News
19-Jan-22
|
|
|
|
|
|
|
K P I Global Infrastructure undertakes financial restructuring for Rs 178 cr
|
|
|
|
K P I Global Infrastructure announced that the company had earlier availed the financial assistance of Rs. 193.50 from Power Finance Corporation (PFC), New Delhi, towards (i) part financing of 25 MWdc Solar power project; (ii) Refinancing of the existing 15.35 MW de Solar
power project; and (iii) Setting up of new 20 MWdc Solar power project developed by the Company under IPP segment at Bharuch, Gujarat, which is now being entirely taken over by State Bank of India (SBI), Surat.
The Company has accepted the sanction letter for the takeover of aforesaid entire financial assistance amounting to Rs. 178 crore received form State Bank of India (SBI), Surat. It is pertinent to note that the aforementioned financial assistance availed from PFC was at the average interest rate of 11.30% p.a., which shall be substantially reduce to 7.45% p.a. post takeover by SBI. Therefore, the Company shall
avai1 immense financial benefit in the Rate of Interest through this financial restructuring.
|
|
Previous News |
KPI Green Energy receives upgrade in LT credit ratings
(
Corporate News
-
05-Sep-24
10:06
)
|
|
KPI Green Energy hits the roof after Q1 PAT spurts 99% YoY to Rs 66 cr
(
Hot Pursuit
-
08-Aug-24
11:55
)
|
|
KPI Green Energy gains after inking PPA with GUVNL
(
Hot Pursuit
-
08-Jul-24
10:25
)
|
|
KPI Green Energy Ltd Surges 5%
(
Hot Pursuit
-
19-Feb-24
09:30
)
|
|
KPI Green Energy wins order for 100 MW solar power project
(
Corporate News
-
20-Jul-24
18:36
)
|
|
Adani Power Ltd Slides 6.57%, BSE Utilities index Drops 1.97%
(
Hot Pursuit
-
12-Aug-24
09:30
)
|
|
KPI Green gains on concluding Rs 1,000 cr QIP of equity shares
(
Hot Pursuit
-
19-Aug-24
09:51
)
|
|
KPI Green Energy consolidated net profit rises 46.87% in the December 2023 quarter
(
Results
-
Announcements
14-Feb-24
15:50
)
|
|
Board of KPI Green Energy approves fund raising up to Rs 1,000 cr
(
Corporate News
-
13-May-24
10:25
)
|
|
KPI Green Energy to announce Quarterly Result
(
Corporate News
-
24-May-23
15:55
)
|
|
KPI Green gains after arm bags 4.66 MW solar power projects
(
Hot Pursuit
-
28-Nov-23
10:59
)
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|