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ADAG gets $3 bn loan from China banks, StanChart

Posted on: December 15th 2010 in Press Releases.

Anil Dhirubhai Ambani Group (ADAG) companies, Reliance Power and Reliance Communications, will sew up about $3 billion in loans from mostly Chinese banks, officials said on Wednesday. Utility Reliance Power has secured loans worth Rs 5,000 crore ($1.1 billion) from a consortium of three …

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