Sterlite Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has secured funds totaling INR 1,373 crore from Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise.
Commenting on this milestone, Raji George, Director-Corporate Finance, Sterlite Power, said, “We are pleased to conclude the financial deal for one of our largest GEC projects with one of India’s largest and most reputed financial institution in the power sector–PFC. This deal is a show of trust by PFC in our capability to deliver some of the most challenging and impactful transmission projects in the country.”
