India's Adani Total Gas gets $375 million financing, will expand distribution network
India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network. The firm, which is a joint venture between ports-to-power Adani Group and TotalEnergies SA,
Adani Total Gas secures over Rs 3000 crore from international lenders
Adani Total Gas Ltd, a joint venture between Adani Group and Total Energies, has secured Rs 3131 crore ($375 million) from five international banks. This funding will accelerate the expansion of its city gas distribution network across 34 geographical areas in India,
Adani Total Gas secures $375-million funding to expand city gas distribution biz
This package marks the largest global funding initiative in the CGD (city gas distribution) business. Shares of Adani Total Gas Ltd ended at ₹790, up by ₹13.85, or 1.78%, on the BSE.
India's Adani Total Gas gets $375 mln financing, will expand distribution network
India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network.
Adani Total Gas secures financing of $375 million from global lenders for CGD business expansion
The expansion would deepen the penetration of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) infrastructure, creating an ecosystem for a gas-based economy, the company said.
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