Maithon Power has issued and allotted secured non-convertible debentures (NCDs) worth ?500 crore on a private placement basis. The NCDs carry a floating rate of interest linked to the base rate published by HDFC Bank. These NCDs have been issued on a private placement basis through a private placement offer letter-cum-information memorandum. It may be noted, the company had recently commissioned its 1050 MW power plant to supply power to New Delhi, Jharkhand, West Bengal and Kerala.
<strong>Company Profile : <a href=http://industry-report.net/maithon-power-ltd>Maithon Power Ltd</a></strong>
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