Article: India: GMR Group achieves financial tie up of EMCO Energy Ltd.

Byline: shiv03

GMR Infrastructure Ltd has announced that EMCO Energy Ltd, a subsidiary of Company's wholly owned subsidiary Company, GMR Energy Ltd, has achieved financial tie up on October 21, 2009 within a span of four months from its acquisition on July 24, 2009.

The total debt component of the project is Rs. 2,610 Crore (Rs. 26,100.0 million) or $555 million. Axis Bank is the ...

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