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DCM Shriram secures Rs 100 crore sustainable finance from Standard Chartered Bank

11 Apr 2024 Evaluate

DCM Shriram has secured Rs 100 crore sustainable finance from the Standard Chartered Bank to fund the upcoming compressed bio-gas plant in Uttar Pradesh. The compressed bio-gas plant with 12 tonne per day capacity at the Ajbapur Sugar Unit will produce compressed bio-gas using 'pressmud' as feed stock, a waste generated in the sugar manufacturing process. DCM Shriram is in the diversified business of Chlor-vinyl, power, cement, sugar, fertiliser among others.

DCM Shriram runs two businesses energy intensive and agri business. The company is also the third largest manufacturer of Chlor-Alkali in the India. They have launched value added UPVC window system business under the Fenesta TM brand in India.

Peers
Company Name CMP
Grasim Industries 3192.40
DCM Shriram 995.25
3M India 32000.00
Hindustan Foods 612.05
Balmer Lawrie & Co 164.70
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