Adani Group expects funding for its greenfield coal-to-polyvinyl chloride project to be tied up in the next six months, rebutting a recent local media report that the initiative was stalled.
After the financial closure, “full-fledged procurement and construction activities at the site will commence,” the ports-to-power conglomerate said in a statement Monday. “We are committed to completing the project in an expeditious manner so as to meet the original timelines.”