DCM Shriram gets Rs 100 cr sustainable finance from Standard Chartered Bank | Company News

DCM Shriram gets Rs 100 cr sustainable finance from Standard Chartered Bank | Company News

DCM Shriram Ltd on Wednesday said it has secured Rs 100 crore sustainable finance from the Standard Chartered Bank to fund the upcoming compressed bio-gas plant in Uttar Pradesh. The compressed bio-gas plant with 12 tonne per day capacity at the Ajbapur Sugar Unit will produce compressed bio-gas using ‘pressmud’ as feed stock, a waste generated in the sugar manufacturing process, the company said in a statement. Click here to follow our WhatsApp channel DCM Executive Director and Group CFO Amit Agarwal said this is the company’s second sustainable finance transaction in the last six months.  Standard Chartered Bank Executive Director (Sustainable Finance) Shobana Chawla said…
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Source: https://www.business-standard.com/amp/companies/news/dcm-shriram-gets-rs-100-cr-sustainable-finance-from-standard-chartered-bank-124041000565_1.html