SJVN Arun-3 Power Development Company Pvt. Ltd. (SAPDC) #45545
Created at
2024-06-13
Last update
2024-09-13
6 Parents (Involvements as child)
ID
Name
SJVN Limited
Country of registration/origin
India
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
SJVN Arun III Power Development Company Private Limited, a wholly owned subsidiary of SJVN Ltd.
ID
Name
State Bank of India (SBI)
Country of registration/origin
India
Classification
Bilateral Development Bank / Development Finance Institution
Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
8.35% Interest Rate
While Indian banks are lending Rs 85.98 billion, Nepali banks will be extending credit of Rs 15.36 billion to the mega project. The Indian banks will levy interest rate of 8.35% whereas Nepali banks are charging 8.80% interest rate. While banks are financing 70% of the project cost, remaining 30% will be direct equity from Sutlej Jalvidyut Nigam Ltd of India.
https://myrepublica.nagariknetwork.com/news/arun-3-achieves-financial-closure/
ID
Name
Export-Import Bank of India
Country of registration/origin
India
Classification
State-/government (owned) company
Relationship
Tertiary investor/lender
Investment type
Debt financing
ID
Name
Union Bank of India
Country of registration/origin
India
Classification
Bilateral Development Bank / Development Finance Institution
Relationship
Tertiary investor/lender
Investment type
Debt financing
ID
Name
Everest Bank
Country of registration/origin
Nepal
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Investment type
Debt financing
ID
Name
Nabil Bank
Country of registration/origin
Nepal
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Investment type
Debt financing
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Nepal
Current intention of investment
Renewable energy unspecified
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
172.09 ha