Jayaswal Neco Achieves Financial Closure For ₹720 Crore Pellet Plant

Achieved financial closure with lender approval for 1.5 MnTPA straight-grate pellet plant at Siltara, doubling existing 1.5 MnTPA at 90% utilization. Cost Rs720 crore funded by Rs540 crore debt and Rs180 crore equity/accruals, 24 months from pending first drawdown. Context: first cost and timeline for the expansion.