Wednesday, May 05, 2010

CDR cell allows 3 year moratorium on Haldia’s loan repayment re Project Supermax

Haldia Petrochemicals Ltd. (HPL) had taken a Rs 1,000 crore loan from banks and financial institutions for implementing its capacity expansion project, Project Supermax. A corporate debt-restructuringg (CDR) cell, led by IDBI has reviewed the company’s financial performance.

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