Mumbai: Global deal tracking firm Dealogic reported that Tata Steel Odisha’s Rs22,800 crore project financing loan is the largest project financing loan on record.
Tata Steel on May 22 announced that it has closed project financing for the Odisha project and it recently got funding commitment from a consortium of 21 banks for Rs22,800 crore.
The new greenfield six million tonne steel plant in Odisha’s Kalinganagar is likely to be implemented in two phases of 3 million tonne each.
EPC World News Bureau
Read more on Tata’s Odisha project marks largest financing loan ever
Tata Steel on May 22 announced that it has closed project financing for the Odisha project and it recently got funding commitment from a consortium of 21 banks for Rs22,800 crore.
The new greenfield six million tonne steel plant in Odisha’s Kalinganagar is likely to be implemented in two phases of 3 million tonne each.
EPC World News Bureau
Read more on Tata’s Odisha project marks largest financing loan ever