Kolkata, July 25
SBI has contributed about Rs 150 crore to the equity base of the new-look Dabhol project, which is now officially called Ratnagiri Gas & Power.
ICICI and IDBI are two other institutional stakeholders, commanding a sizeable portion of the company's equity.
Mr Bhattacharya indicated that the bank hoped to see its NPAs decline to a more manageable level, especially with the Ratnagiri project taking off.
There was a possibility of scaling down the interest rate for the project as well.