Question
JSW Cement, a part of the $23 billion JSW Group, has
signed a Sustainability Linked Loan (SLL) agreement to raise ______from BNP Paribas Singapore in order to fund its capacity expansion in line with its long-term target of achieving 50 MTPA cement-making capacity in India.Solution
JSW Cement, a part of the $23 billion JSW Group, has signed a Sustainability Linked Loan (SLL) agreement to raise Rs 400 crore ($50 million) from BNP Paribas Singapore.This is JSW Cement's second green debt capital raised within one year taking its SLL-based green funding to Rs 800 crore ($100 million).With the money, JSW Cement will fund its capacity expansion in line with its long-term target of achieving 50 MTPA cement-making capacity in India
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