Chinese Aid Project The 52.8MW Sapphire Wind Power Project was originally going to be implemented as an independent power project (IPP) on the basis of a 75:25 debt-to-equity ratio

Funder	Chinese Government
Recipient Organization	Unknown
Country	Unknown
Start Date	Mar 14, 2022
End Date	Apr 08, 2033
Duration	4,043 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`The 52.8MW Sapphire Wind Power Project was originally going to be implemented as an independent power project (IPP) on the basis of a 75:25 debt-to-equity ratio`

Grant Description

with $96.66 million of debt coming from Chinese and non-Chinese banks and Sapphire Textile Mills Limited injecting $32.22 million of equity. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.