IFC JOINS CAIRN INDIA OIL FINANCING
November 1st, 2009
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending the Cairn India Group US$250 million to help complete oil field development and pipeline construction. This will augment another US$500 million raised by Standard Chartered Bank and US$850 million from the State Bank of India.
ENDS
THE INTERNATIONAL Finance Corporation (IFC), of the World Bank, is lending the Cairn India Group US$250 million to help complete oil field development and pipeline construction. This will augment another US$500 million raised by Standard Chartered Bank and US$850 million from the State Bank of India.
ENDS
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