Friday, 04 Nov 2011 | sourced Profit.NDTV
NDTV reported that Gujarat NRE Coke Limited has secured a USD 100 million long term loan agreement for Gujarat NRE Coking Coal to help the unit meet its capital expenditure needs.
As per report Axis Bank’s Hong Kong Branch sanctioned this agreement after India's largest independent producer of low ash metallurgical coke completed necessary formalities related to the agreement.
The company now has an access to the funds made available under the loan agreement.
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