Gemstar Infra secures Rs 1,220 crore debt for three smart metering projects
Gemstar Infra has completed debt financing arrangements worth Rs 1,220 crore for three smart metering projects in Jammu and Rajasthan, strengthening the funding base for its Advanced Metering Infrastructure Service Provider (AMISP) portfolio. The financing has been secured from IDFC FIRST Bank and ICICI Bank. IDFC FIRST Bank has financed two projects, one each in…