Adani sees financial closure for petchem project in six months
After the financial closure, ‘full-fledged procurement and construction activities at the site will commence,’ Adani Group said in a statement
Source: livemint.com
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Ground News - Hindenburg fallout: Adani Group suspends work on Rs 34,900 cr petchem project
The comeback strategy is based on addressing investor concerns around debt by repaying some loans, consolidating operations, and fighting off allegations.
Source: ground.news
Hindenburg fallout: Adani Group suspends work on Rs 34,900 crore petrochemical project in Gujarat's Mundra
Mundra Petrochem Ltd, a wholly-owned subsidiary of Adani Enterprises Ltd, was incorporated in 2021 to build a coal-to-PVC plant on land in the Kutch district of Gujarat, in Adani Ports and Special Economic Zones (APSEZs).
Source: dnaindia.com