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Adani New Industries Limited raises $394 million from Barclays, Deutsche Bank
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₹3,231 crore ($394 million) from Barclays PLC and Deutsche Bank AG for securing working capital requirements, the company said in its stock exchange filing on Thursday. The raised capital will be used by the Adani New Industries Limited (ANIL) for its integrated solar module manufacturing facility.
ANIL is a wholly owned subsidiary of Adani Enterprises Ltd. The company aims of building one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.
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