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. Click here for more details