Brief: Orient Green Power Expects Sale Of Remaining Biomass Units To Conclude Over Next 2 Qtrs
09/01/2018 03:55
Jan 9 (Reuters) - Orient Green Power Company Ltd ORIN.NS :
* CO IN ACTIVE DISCUSSIONS WITH BANKS FOR REFINANCING DEBTS
TO
TUNE OF 10 BILLION RUPEES TO SINGLE DIGIT INTEREST RATE
* SAYS DIVESTMENT OF BIOMASS BUSINESS SUBSTANTIALLY
COMPLETED WITH
TRANSFER OF 8 BIOMASS UNITS ON DEC 31, 2017
* SAYS SALE OF REMAINING UNITS EXPECTED TO BE CONCLUDED OVER
NEXT
2 QUARTERS
Source text - http://bit.ly/2mfkDKw
Further company coverage: ORIN.NS
((Bangalore.newsroom@thomsonreuters.com;))
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