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The Economic Times

Economy / The Economic Times

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Jindal Power gets $470 million loan for Botswana project

Jindal Power Ltd. has acquired a $470 million loan to fuel its ambitious power project in Botswana. The financing is backed by three Indian banks, alongside participation from international institutional lenders. This initiative aligns with Jindal's previous international expansion efforts and leverages Botswana's extensive coal resources, which are essential for catering to local electricity requirements.

13 Nov 2026 10:30 am