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Wardha Warora Power Plant

443 bytes added, 20:21, 5 February 2012
SW: →‎Project Finance: add USD in May 2007 currency
In a 2007 media release KSK stated that the project was expected to cost Rs. 2400 Crores of which [[Rural Electrification Corporation]] Limited (REC) - Rs. 555 cr, HUDCO - Rs. 233 cr, [[Indian Overseas Bank]] (IOB) - Rs. 100 cr. KSK Energy Ventures Private Limited (Rs. 130 cr) and Viraj Profiles Limited (Rs. 90 cr) pump in a combined equity of Rs 220 cr.<ref name="Project"/>
(In 2007 USD the project total cost was $588.9 million with the respective shares being: Rural Electrification Corporation $136 million; HUDCO $57.2 million; Indian Overseas Bank $24.5 million, KSK $31.9 million and Viraj Profiles $22 million).<ref>[http://in.finance.yahoo.com/currencies/converter/#from=INR;to=USD;amt=900 "Currencies Center"], Yahoo, accessed February 2012. (The figures were converted using May 2007 currency rates).</ref>
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