RSS Feeds Forgot Password | Register
Power | November 19, 2014
#46824

SBI to provide loan of $1 billion to Adani Group for its coal project in Queensland

ASAPP news bureau

India's leading lender State Bank of India (SBI) will provide a loan of over Rs 6,000 crore to the Australian subsidiary of Adani Enterprises, for its mine project in Queensland. The Adani Group has signed a memorandum of understanding with SBI in this regard. As of March 31, 2014 the Adani Enterprises has borrowings close to Rs 65,000 crore.

Tags
Mine, Project, Borrowings, Loan
Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter

  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more

  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more

  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more

  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more

  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more

  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more

  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more

  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more

  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more

  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more

  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more

  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]