News
07 January 2025

Sterlite Grid 32 refinances MUML project

In:
Power
Region:
Asia-Pacific

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...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Analysis
17 February 2026

Battery bonds: Financing Brazil’s manufacturing transition

Existing financing tools are not powerful enough to support the development of projects integrated into electrification’s complex supply chains. Brazil is encouraging the...

Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.