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Funding issues force Adanis to delay petchem project
The Morning Standard
|March 21, 2023
DELAY in financial closure has forced the Adani group to suspend work on the ₹34,900-crore petrochemical project in Ahmedabad.
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Adani Group on Monday clarified it has decided to keep the major equipment procurement and site construction activities on hold as it is waiting for the financial closure of the Green PVC project of Mundra Petrochemicals (MPL). "The financial closure of the Green PVC project of MPL is pending with the financial institutions and it is in their active consideration," a spokesperson of the company said on Monday adding that it is hopeful to obtain financial closure for the project in next six months
Diese Geschichte stammt aus der March 21, 2023-Ausgabe von The Morning Standard.
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