Bhageria Industries executes financial tie up worth Rs 95 crore from EXIM Bank

20 Dec 2016

Bhageria Industries has executed financial tie up worth Rs 95 crore from Export Import Bank of India (EXIM Bank) on the terms and conditions as per their sanction letter dated December 06, 2016 and approved by the Board of Directors at its meeting held on December 20, 2016, for its 30 MW Solar Power Project being setup at Ahmednagar in Maharashtra and the Loan/Facilities documentation are being executed with the lender for this purpose.

Bhageria Industries (Formally known as Bhageria Dye-Chem) has more than two decades of experience in manufacturing of dye intermediates and from September 2014 Company has also venture into Solar Power sector. By March 2016, total installed capacity of Bhageria Industries limited will be approximately 3 MW.  

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