by Nick Flitterman

Portland Advisers has been appointed as financial advisor to US Ex-Im Bank on the $2.5 billion 2,440MW Samalkot Power Project in Andhra Pradesh, India sponsored by Reliance Power Limited.

Ex-Im is supporting the purchase of gas turbines and steam turbines from GE as well as other US goods and services. It is intended that the project will purchase natural gas from blocks operated by Reliance Industries Limited in the nearby KG Basin.

For further information, contact Portland’s Head of Energy at geoff.knox@portlandadvisers.com

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