Corporate Office, NHPC Ltd., Faridabad, (Haryana)
Chamera Hydroelectric Project Stage-II has been a very prestigious Project of NHPC and was awarded to a consortium of domestic and foreign firms for execution on turnkey basis. It was a precondition on the part of consortium to tie-up the domestic fund before hand. The Article deals with the experiences of NHPC in tieing-up the Project finance in domestic market and finally achieving the financial closure of the Project.