IFLR1000

Teesta III 1200MW Hydro Power Project

4/8/2015
Project development, Project finance
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$ 1.48 billion

Announced

4/8/2015

Overview:

  • Teesta III 1200MW Hydro Power Project.
  • The project is due to be online in early 2015 having been delayed by two years.
  • It is being developed by project company Teesta Urja on a build-own-operate-transfer (BOOT) basis.
  • The run of the river project will provide power to Sikkim and Haryana states.
  • HSA Advocates advised Rural Electrification Corporation, the principal lender.

Jurisdiction:

India

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy

Firm:
HSA Advocates

Party: Rural Electrification Corporation (Lender)

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