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Corporate - New Projects
Gammon project financial closure

Coimbatore, Dec. 8

Gammon Infrastructure Projects Ltd has informed that the Punjab Biomass Power Ltd, the special purpose vehicle incorporated by the company for developing biomass based power projects in Punjab, has achieved financial closure for its first project for 12 MW located in Patiala district for an aggregate amount not exceeding Rs 39.5 crore. The estimated project cost is Rs 55 crore. - Our Bureau

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