Singapore's Sembcorp looks to refinance India power unit’s $470m debt

Singapore's Sembcorp looks to refinance India power unit’s $470m debt

The 2,640-megawatt Sembcorp Gayatri Power Complex in Nellore, Andhra Pradesh. Source: Sembcorp Industries Ltd

Singapore-based power producer Sembcorp Industries Ltd is looking to refinance long-term debt worth Rs3,000 crore (about $470 million) of its Indian thermal power unit Sembcorp Gayatri Power, two people aware of the development said.

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