47219
SRF LIMITED
Jul 14, 2023
India
South Asia
Feb 23, 2023
B - Limited
Active
Jul 14, 2023
Regional Industry - MAS Asia & Pac
Manufacturing
Approved : Feb 23, 2023
Signed : Jun 26, 2023
Invested : Jul 6, 2023
All Other Chemical Product
The proposed transaction entails an investment of up to US$100 million of senior secured A Loan to SRF Limited (the “Company”). The proceeds of the loan provided by IFC shall be used for financing capital expenditure towards specific identified projects in the Company’s specialty chemicals business, all at Dahej in the state of Gujarat being undertaken at a capital expenditure of US$112 million (the “Project”).
A decarbonization advisory engagement is currently under discussion with the Company wherein IFC is expecting to provide advisory services to set sustainability goals and implement decarbonization measures that will facilitate the Company to transition to a low-carbon pathway.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
SRF Limited, Block C, Sector 45, Greenwood City, Gurgaon-122003