Epic Research Update : Reliance Industries

Reliance Industries (RIL) has tied up Export Credit Agency (ECA) facility of up to $550 million co-financed by JBIC and a group of other Japanese banks backed by NEXI to part finance the proposed expansion of its petrochemical plants and setting up new gasification plant and refinery off-gas cracker over the next two to three years. This is the company’s eighth ECA facility for the largest capital expenditure program it has undertaken.


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