News for 'chinese-development-bank'

R-Power raises $1 bn from 3 Chinese banks

R-Power raises $1 bn from 3 Chinese banks

Rediff.com25 Jul 2008

Reliance Power (R-Power), the Reliance-ADAG group company, which plans to set up 28,000 mw of power plants in India, has secured $1 billion (or around Rs 4,200 crore) funding from three Chinese banks for the Sasan ultra mega power project (UMPP) in Madhya Pradesh.

China stems stocks rout, but market faces lengthy hangover

China stems stocks rout, but market faces lengthy hangover

Rediff.com9 Jul 2015

China's malfunctioning stock markets remained semi-frozen.