GMR Infrastructure’s step-down subsidiary - GMR Bajoli Holi Hydropower has achieved financial tie-up with IDBI Bank, L&T Infrastructure Finance Company and L&T Finance. GMR Bajoli Holi Hydropower is developing a 180 MW run-of-river Hydro Electric Power Project on river Ravi, in Chamba district in the state of Himachal Pradesh.
GMR Infrastructure is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects in the Group’s Energy, Highways and Airport and SEZ sectors. It undertakes the development of the infrastructure projects through its various subsidiaries.
