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Mangalore Power Corporation

BANGALORE: ANZ Grindlays Bank will provide the financial advisory services to the Mangalore Power Corporation (MPC) for financing the $1....

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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 sponsor’s contribution of $328 million as equity .

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