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JSW project attains financial closure

MUMBAI: Sajjan Jindal promoted JSW Energy’s Rs. 4,500-crore 1,200 MW coal-based power project at Ratnagiri has completed its financing exercise with funds from 21 financial institutions, led State Bank of India. Located at Jaigad in Ratnagiri district of Maharashtra, the imported coal-based power project would be funded in a 3:1 debt-equity ratio, says a release.

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