Mangalore Power Corporation

BANGALORE: ANZ Grindlays Bank will provide the financial advisory services to the Mangalore Power Corporation MPC for financing the 1.3 billion 1000 mw power plant to be set up in Mangalore. The project, taken up as a joint venture by the United States-based Cogentrix and China Light and Power of Hong Kong, would have a sponsor8217;s contribution of 328 million as equity .