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NLC India Secures $100 Million Green Loan from Sumitomo Mitsui

The funding will support NLC subsidiary’s renewable energy projects

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Government-owned lignite mining and power generation company NLC India (NLCIL) has secured a green loan of ¥154.64 billion (~$100 million) from Sumitomo Mitsui Banking Corporation under a recently signed external commercial borrowing framework.

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