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DCM Shriram to invest $143 mn in brownfield expansion project backed by IFC

The captive power plant will be funded through the company's internal cash flows, according to IFC, the World Bank's investment arm

Topics
DCM Shriram | non-convertible debentures | International Finance Corporation

T E Narasimhan  |  Chennai 



cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings
IFC plans to provide a Senior Loan of up to $40 million (denominated in INR) in the form of a Non-Convertible Debentures (NCD).

is planning to invest around $143 million in a brownfield expansion in Gujarat. The project will be backed by .

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First Published: Wed, September 09 2020. 09:48 IST

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