Two senior executives of public sector banks close to the development told FE that while approvals for all three firms were more or less in place, sanction for Uttam Galva Metallics was in the final stages. FE reported on Monday that Adani Power's refinance proposal had been okayed by consortium leader State Bank of India. Jaypee Infratech — developer of the Yamuna Expressway project — is expected to get R10,300 crore refinanced while lenders to Adani Power's two subsidiaries — Adani Power Maharashtra and Adani Power Rajasthan — have completed a R15,000-crore term loan refinancing. For Uttam Galva Metallics, a subsidiary of Uttam Galva Steel, banks are expected to refinance R1,300 crore.