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News JSW Cement secures US$48.9m sustainability-linked loan

JSW Cement secures US$48.9m sustainability-linked loan

Written by Global Cement staff 03 October 2022
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India: JSW Cement has taken a loan of US$48.9m with which to finance its planned 47% capacity growth to 25Mt/yr from 17Mt/yr. MUFG Bank India provided the loan subject to sustainability-linked criteria. Press Trust of India News has reported that the producer’s subsidiary Shiva Cement is in the process of establishing a US$183m 1.36Mt/yr clinker plant and 1Mt/yr grinding plant in Odisha’s Sundergarh District.

Last modified on 05 October 2022
Published in Global Cement News
Tagged under
  • JSW Cement
  • JSW Group
  • Loan
  • Sustainability
  • CO2
  • Shiva Cement
  • growth
  • Finance
  • funding
  • MUFG Bank India
  • GCW577
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