JSW plans to raise Rs 2,200 crore through bank loans to fund a 450 MW wind power project in Tamil Nadu.
JSW Renew Energy Two Ltd. (JRETL) is a subsidiary of JSW Future Energy, placing the power plants at Tuticorin and Dharapuram in Tamil Nadu state. The offered term loan can be payable in over 70 quarterly instalments, starting after 12 months from the completion or commissioning date, whichever is earlier.
The project is scheduled to be finished by 31 March 2023.
JSW Group is planning to raise Rs 2,200 crore through bank loans to fund 450 MW wind power unit in Tamil Nadu.
JSW Renew Energy Two (JRETL), a subsidiary of JSW Future Energy is setting up power plants at Tuticorin and Dharapuram in the state. JSW Future Energy is owned by JSW Energy.
