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ReNew has secured a project loan of ₹2,700 crore from the State Bank of India for its 403 MW Peak Power Project. The loan has a tenor of 20 years and the interest rate charged is in the range of 8.75% to 9.25%. Under the partnership for this project, ReNew will invest around ₹313 crore ($38 million) for its 51% stake in the project.
The Annual Financial Statement distinguishes the expenditure on which of the following account from the expenditure on other accounts, as is mandated in...
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The second phase of the central bank’s medium-term strategy for strengthening regulatory and supervisory mechanism Utkarsh 2.0 is launched for the tim...
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Find the current ratio of B limited data is as follows:
Land & Building: 15,00,000
Preliminary Expenses: 1,50,000
Cash: Rs.100,0...
With project cost of Rs.300 lakh and cost of capital at 12%, the estimated profits over its lifetime of 5 years are Rs.10 lakh, Rs.10 lakh, Rs.30 lakh, ...
