Date:26/12/2007 URL: http://www.thehindu.com/2007/12/26/stories/2007122654111600.htm

Business - Briefly

IIFCL loan for Mundra project

NEW DELHI: State-owned India Infrastructure Finance Company Ltd (IIFCL) has sanctioned Rs. 1,800 crore loan to the Tata Group-promoted Mundra Ultra Mega Power Project (UMPP) and is planning to extend Rs. 1,000 crore credit to the Sasan power project, being developed by Reliance IIFCL Chairman and Managing Director,

S. S. Kohli, told PTI.