 "Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.")
Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.
Inox Wind has successfully secured a financial agreement with a consortium of banks led by ICICI Bank, covering a credit facility of Rs 2,200 crore. This agreement may increase to Rs 2,400 crore based on an assessment of working capital by ICICI Bank. The financing, primarily non-fund based through bank guarantees and letters of credit, ...
