Corporate News 03-Apr-23
Orient Green Power Company provides corporate guarantee for Rs 726.11 on behalf of subsidiary
Beta Wind Farm Private (BETA), subsidiary of Orient Green Power Company, had got sanction from Indian Renewable Energy Development Agency (IREDA) for refinancing the existing term loan and working capital facilities amount to Rs. 721.21 crore and an additional term loan facilities amount to Rs. 4.90 crore at the rate of interest of 9.40%, for which Orient Green Power Company is extending a corporate guarantee and providing security on behalf of Beta Wind Farm Private for Rs. 726.11 crore as against the earlier guarantee provided to an extent of Rs. 1,330.02 crore.
Previous News
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