{"id":11956,"date":"2022-11-07T05:29:18","date_gmt":"2022-11-07T05:29:18","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=11956"},"modified":"2023-01-25T10:33:32","modified_gmt":"2023-01-25T10:33:32","slug":"jsw-steel-to-raise-eca-credit-for-rs-15000-cr-expansion-at-vijayanagar-plant","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/jsw-steel-to-raise-eca-credit-for-rs-15000-cr-expansion-at-vijayanagar-plant\/","title":{"rendered":"JSW Steel to raise ECA credit for Rs 15,000 cr expansion at Vijayanagar plant"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/11956?pdf=11956\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/04\/JSW-Utkal-Steel-gets-approval-for-Odisha-greenfield-plant.jpg\" \/><\/p>\n<p><a href=\"https:\/\/www.jsw.in\/\">JSW Steel<\/a> plans to obtain a significant portion of the funding\u2014$15,000 crore\u2014from nations where it is importing machinery at a discounted rate for the 5 mtpaVijaynagar expansion.<\/p>\n<p>\u201cOverseas fundraising is out of the question right now because rates are so high. We are exploring ECA credits which are offered at OECD (Organisation for Economic Co-operation and Development) consensus rates. This credit is offered by export credit agencies for imports from those particular countries,\u201d SeshagiriRao, Joint Managing Director, JSW Steel.<\/p>\n<p>JSW Steel has placed orders for machinery with German companies, so an export credit agency from Germany will finance the order, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report JSW Steel plans to obtain a significant portion of the funding\u2014$15,000 crore\u2014from nations where it is importing machinery at a discounted rate for the 5 mtpaVijaynagar expansion. \u201cOverseas fundraising is&#8230; <\/p>\n","protected":false},"author":4,"featured_media":6565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[673],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/04\/JSW-Utkal-Steel-gets-approval-for-Odisha-greenfield-plant.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11956"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=11956"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11956\/revisions"}],"predecessor-version":[{"id":11957,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/11956\/revisions\/11957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/6565"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=11956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=11956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=11956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}