Friday, October 10, 2008

ONGC to borrow $1bn to fund proposed Rs 6400 cr aromatic complex at Mangalore

ONGC plans to borrow US$1 bln to fund its proposed Rs 6400 crore aromatic complex at Mangalore. ONGC Mangalore Petrochemicals Ltd (OMPL), a special purpose vehicle the state-run firm created for the pproject, has mandated SBI Caps to arrange for the funds for the US$1.

For more details on ONGC to borrow $1bn to fund proposed Rs 6400 cr aromatic complex at Mangalore click here

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