 "A sign is displayed in the reception of Goldman Sachs in Sydney (Photo: Reuters)")
Rattan India’s Amravati power project (1,350 Mw) has concluded its debt restructuring with new lenders coming on board.
Goldman Sachs and Varde Partners will take over Rs 4,050 crore of the total debt from existing lenders.
This also includes 15 per cent equity each in the project. The new lenders have used the Aditya Birla Asset Reconstruction Company platform for the deal.
