Adani Group raises debt of ₹6,071 cr for Kutch Copper project from SBI, other PSU banks1 min read . Updated: 27 Jun 2022, 07:06 AM IST
- Under the first phase capacity of 0.5 MTPA, the Kutch Copper project has achieved financial closure through a syndicated club loan for the greenfield copper refinery project at Mundra, Gujarat.
Adani Enterprises-backed Kutch Copper on Sunday announced setting up a greenfield copper refinery project for the production of refined copper with 1 MTPA (million tons per annum) in two phases. The company has raised a debt of ₹6,071 crore by a consortium of banks led by the State Bank of India (SBI) for the first phase.
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