Article: India : Hindalco To Raise Rs 3000 Cr.

Byline: shiv03

VicatSagar Cement Limited is planning to raise an external funding of Rs 400 crore through debt and equity for its upcoming plant in Karnataka. VicatSagar is a 51:49 joint venture between France-based Vicat and Andhra Pradesh's Sagar Cements. The 2.7 million tonnes per annum integrated cement plant will come up at a cost of Rs 1,600 crore. It also involves the construction of a 40 MW captive power plant and a waste heat recovery unit. (Business Standard)

Hindalco To Raise Rs 3,000 Cr - Aditya Birla group flagship company is planning to raise around Rs 3,000 crore through an equity sale to fund its ongoing projects. The funds will be raised ...

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