L&L, Khaitan lead on GMR Infra arm 225 crore fund raise

GMR Infrastructure arm GMR Bajoli Holi Hydropower (GBHHPL) has inked an agreement for an investment of Rs 225.6 crore via compulsorily convertible debentures in GBHHPL by TNB Topaz Energy, an arm of Tenaga Nasional Berhad.