Orient Green Power Company has informed that as per intimation dated April 3rd 2023, Beta Wind Farm (BETA), subsidiary of Orient Green Power Company (OGPL) obtained sanction from IREDA for refinancing the existing Term Loan and Working Capital Facilities amount to Rs 721.21 Crores with additional Term Loan Facilities amount to Rs 4.90 Crores at the rate of interest of 9.40% per annum, OGPL has extended Corporate Guarantee and provided security on the behalf of BETA for Rs 726.11 Crores.
The above information is a part of company’s filings submitted to BSE.
