Jindal Steel Odisha

Angul Steel Plant Expansion Project - Financing

Borrower(s)
Jindal Steel Odisha
Industry
Metals and Mining/Ores & alloys
Area of finance
Project & Infrastructure Finance
Region
Asia
Asia
Countries
India

Deal Overview

Jindal Steel Odisha has raised a INR157.27 billion ($1.99 billion) long term loan via State Bank of India (SBI) to part fund its INR224.68 billion capacity expansion at its integrated steel plant in Angul, Odisha. Parent JSPL will provide the balance of the total project cost as equity. Gravitas...

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Deal Volume
$1.99bn
Financial Close
11/07/2022
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Tranches

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Project Deals

Angul (Odisha) Steel Plant Expansion Project
$2.8bn
Brownfield
Ores & alloys
Asia
Asia
India