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IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing Deal
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IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing Deal
IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation Ltd. (IndianOil) and GPS Renewables, focused on advancing India’s biofuels sector, has raised INR 836 crore (approximately USD 95 million) in debt financing from Indian Bank for the execution of 9 Compressed Biogas Projects across the country. The facility agreements were executed on 30th September in New Delhi between Indian Bank and IGRPL, represented by …
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