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Rs 300 crore ammonia-urea energy saving project: Loan under finalization
Sep 11: Ammonia-Urea Energy Saving Project
8Cost - Rs 380 crore
8Project Event: The Company will be undertaking significant debt-funded capex to meet energy consumption norms applicable under NUP-2015 from FY2021 onwards. The capex for the project is around Rs. 380 crore and is to be funded in a debt-equity ratio of 70:30. The loan is still under process, and it will take a minimum two to three months for approval.
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