Canadian export credit agency lends US$100 million to RIL

Export Development Canada, a Crown corporation that acts as an export credit agency, has announced its US$100 million participation in a 10-year, US$2 billion syndicated loan for petrochemical company Reliance Industries Limited (RIL) of India. The funds will go towards a gas exploration and development project on the east coast of India, with projected capital expenditure of US$5.2 billion.
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