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Private Sector | Tamil Nadu - India | PID: 203307
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Ramkrishna Titagarh Rail Wheels is nearing financial closure for its Rs 2,180 crore forged wheels project at Chennai, Tamil Nadu.
The project will be executed in two phases - Phase I, costing Rs 1,810 crore and Phase II (Rs 370 crore). Funding will come from a combination of debt and equity in a 70:30 ratio.
The company has received all the statutory clearances for the project.
| Updated on: 24 - Aug - 2024
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