financial closure

Business

Adani Enterprises Ltd achieves Financial Closure for India’s largest greenfield expressway project

September 29, 2022 Vinayak Barot

Ahmedabad, 29 September 2022: Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL) and Unnao Prayagraj Road Private Ltd (UPRPL) – wholly owned subsidiaries of Adani Enterprises Ltd (AEL) – have achieved Financial Closure for the access-controlled six lane (expandable to eight lane) greenfield Ganga Expressway Project (Group-II, III & IV) in […]

Business

Adani Group achieves financial closure of Kutch Copper Limited project, raises entire debt of INR 6,071 Cr

June 27, 2022 Vinayak Barot

Ahmedabad: Kutch Copper Limited (KCL), a subsidiary of Adani Enterprises Ltd (AEL), is setting up a greenfield copper refinery project for production of refined copper with 1 MTPA (million tons per annum) in two phases. For the phase1 capacity of 0.5 MTPA, KCL has achieved financial closure through a syndicated club loan for the greenfield […]

Business

Adani Group achieves financial closure of Navi Mumbai International Airport project

March 30, 2022 Vinayak Barot

Mumbai: Navi Mumbai International Airport Private Ltd (“NMIAL”), a subsidiary of Adani Enterprises Ltd (“AEL”), has achieved Financial Closure for the greenfield international airport project at Navi Mumbai, Maharashtra (“Project”, “NMIA Project”) with the execution of financing documents with the State Bank of India (SBI). The SBI has underwritten the entire debt requirement of INR […]