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Adani Sees Financial Closure for Petchem Project in Six Months

  • Lenders looking into the greenfield polyvinyl chloride project
  • “Committed to completing the project”: Adani Group statement

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.”