SBI agrees loan for 900MW Arum III hydro project in Nepal

In:

Power, Renewables, Transport

Region:

Asia-Pacific

The SJVN consortium awarded the construction of the 900MW Arun III hydropower project in Nepal has made an informal agreement with the SBI for a Rs80 billion loan. The Punjab National Bank, through its Nepalese partner, the Everest Bank, will provide financing for the construction of the 268km...

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