Sterlite Grid 32 refinances MUML project
Sterlite Grid 32 Ltd has refinanced its Mumbai Urja Transmission Limited (MUML) project through INR24.5 billion ($285 million) of Non-Convertible Debentures (NCD). The project is uprating Mumbai’s transmission system by an additional 2,000MW under a 35-year BOOM concession. The NCDs are...