July 11, 2012. Reliance Power has tied up loans of $ 1.1 billion (over ' 6,000 crore) from three Chinese lenders for its upcoming 3,960 MW Sasan ultra mega power project in Madhya Pradesh. The State Council of Government of China has granted the final approval for Chinese banks to finance the Sasan project. Approvals have also been granted by Ministries of Finance, Foreign Affairs and Commerce. Reliance Power confirmed that the commitments from Chinese Banks for long-term loans of $ 1.1 billion have been received.