News
12 February 2025

CVPPL signs with REC for hydro project loan

In:
Power
Region:
Asia-Pacific

REC Ltd has signed an agreement with Chenab Valley Power Project Ltd (CVPPL) to provide a INR21,475 million ($247 million) term loan for a hydroelectric power project.Development and construction of the 1GW greenfield Pakal Dul Hydro Electric Project is estimated at INR126 billion. The project is...

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


Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...

Perspective
05 March 2026

Bhutan’s Dorjilung hydro opens a PPP market

The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and private...