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Gautam Adani in talks with banks to borrow $600 million for gas unit

The loan will be raised by Dhamra LNG Terminal Pvt., a unit of Adani Total Pvt., the people said, asking not be named because the details are private. The debts tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. ....

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Dhamra LNG terminal built entirely on promoter finance; no fin commitment from IOC, GAIL: Report

Clarifying the group's position, they said Indian Oil Corporation (IOC) and GAIL (India) Ltd have hired capacity on the newly built terminal at rates lower than a similar but older and depreciated facility at Dahej in Gujarat. ....

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