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Perspective
21 August 2013

India’s Bhushan gets KfW loan

Region:
Asia-Pacific
Dan Sheriff
Dan Sheriff
CEO
KfW IPEX-Bank has arranged a €170 million ($227.5 million) loan for the Indian steel manufacturer Bhushan Power & Steel Limited (BPSL). The financing will be used for the Bhushan - Phase VI project at the company’s plant in Orissa. The funds will finance equipment and supplies from companies in Germany, Luxembourg and Italy.

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