India's Reliance maps out 2 billion funding plan

摘要

New Delhi-The board of privately owned Indian petroleum and petrochemicals major Reliance Industries Limited has approved the raising of 2 billion to fund one of the company's mega gas field development projects, the company said in a statement November 9. "The board of directors at its meeting held today, approved the raising of 2 billion by way of syndicated loan/bonds/foreign currency convertible bonds or a combination thereof, subject to approvals as may be necessary," the company said.