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Sterlite Power SPV raises Rs 3,000 cr via bonds

Sterlite Power said its special purpose vehicle NRSS XXIX Transmission has raised Rs 3,000 crore through bonds on BSE BOND platform.

“On November 27, 2018, NRSS XXIX Transmission Limited successfully raised Rs 3,000 crores by issuing bonds on private placement basis using the same platform,” a company statement said.

“We are proud to have completed this important transmission line project in Kashmir, ahead of schedule. These AAA bonds have been fully subscribed on the BSE BOND platform and will help to deepen the much-needed infrastructure bond market in India,” said Pratik Agarwal, Group CEO, Sterlite Power in the statement.

Read More – Money Control | The Hindu BusinessLine | FirstPost | CNBCTV18 | Business Standard

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SYSTEM AVAILABILITY
Projects DEC 2019 Availability since COD
ENICL 99.82 99.54
BDTCL 99.90 99.71
JTCL 100.00 99.54
RTCL 100.00 99.84
PKTCL 100.00 99.93
NRSS-XXIX 98.61 99.67
MTL 100.00 99.95
OGPTL 100.00 99.95
PTCL 100.00 99.94
KTL 100.00 100.00
GPTL 99.81 99.60

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