Reliance Anil Dhirubhai Ambani Group was on Monday presented with the Asia Pacific Project Sponsor of the Year. Sasan Ultra Mega Power Project and Delhi Airport Express Link were also conferred with the prestigious Indian Deal of the Year ? Power and Deal of the Year ? Rail sectors, respectively. The Awards were presented in the presence of distinguished attendees from the world of business and finance at an awards function in Mumbai.
?We are delighted to have won this award for Sasan UMPP. The deal is first such project to reach financial closure without multilateral or foreign commercial banking commitments in the quickest possible time world-wide? the $3 billion debt is India?s largest ever project financing sourced solely from domestic lenders against a backdrop of global financial crisis. We look forward to build this world class infrastructure facility,? noted Jayarama Chalasani, Reliance Power?s chief executive officer.
The $589-million Reliance Anil Dhirubhai Ambani Group?s Delhi Airport Express link is the first privately developed and financed section of Delhi Metro and a significant step forward in the development of transport PPP in India.