Funding for Dhariwal Infrastructures thermal
project one of Indias biggest project financings
last year features special default provisions concerning
the borrowers board and ownership structure.
Dhariwal Infrastructure is building two coal-based
thermal power plants in Chandrapur, Maharashtra.
A rupee-denominated term loan facility of INR 21.38 billion
($475 million) was granted by a consortium of lenders including
ICICI Bank, Axis Bank, Bank of...