Rs 3131 crore raised by Adani Total Gas, aims to fastack CAPEX
The joint venture (JV) of Adani Group and French energy major Total Energies, Adani Total Gas Ltd (ATGL) has raised Rs 3131 crore from international lenders ranging from BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, to Sumitomo Mitsui Banking Corporation. This funding would help Fastrack CAPEX (Capital Expenditure) and fuel the expansion of its city gas distribution network across 34 geographical areas in India, supporting the country's shift towards a gas-based economy and eco-friendly fuel usage.
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