JSW Cement raises green debt of $50M

Mumbai: JSW Cement has raised $50 million through a sustainability linked loan agreement with BNP Paribas Singapore. It will be using this capital to fund its capacity expansions.

This is the second such green capital raised by the company over the last few months. It had raised $50 million earlier as well, and intends to reach a production capacity of 50 million tonne over the long-term.