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Active Development Aid AidData Chinese Aid

CDB provides $200 million buyer’s credit for Units 3&4 of Lanco Amarkantak Thermal Power Plant, Babandh Power Station, and Vidarbha Power Station (linked to Record ID#s #53778, #42741)


Funder China (People's Republic of)
Recipient Organization India
Country India
Start Date Sep 22, 2010
End Date Feb 08, 2033
Duration 8,175 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 53777
Grant Description

CDB provides $200 million buyer’s credit for Units 3&4 of Lanco Amarkantak Thermal Power Plant, Babandh Power Station, and Vidarbha Power Station In 2010, China Development Bank and Lanco Infratech Limited — one of the India’s largest integrated infrastructure developers — signed a $200 million buyer’s credit agreement to the support the construction of Units 3 & 4 (1320 MW) of Lanco Amarkantak Thermal Power Plant, the Babandh Power Station (1320 MW), and the Vidarbha Power Station (1320 MW).

Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.

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India

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