RattanIndia Power raises Rs 1,125 crore from a consortium of lenders
RattanIndia Power (RIPL), a thermal power company, has raised a total of `1,125 crore from a consortium of lenders, which the company will use to refinance its debt. Of the total, Kotak Credit Funds have invested `732 crore in the company, while the remaining is from domestic institutions and family offices.
