Debt financing

Tata Steel gets 2-B euros in Dutch government aid for green shift

Mint  

Tata Steel Netherlands has secured EUR 2 Billion in funding from the Dutch government to transition to low-carbon steel production. The steelmaker signed a non-binding agreement with the government of the Netherlands to transition to low-carbon steelmaking and cleaner operations at the IJmuiden plant.This follows a GBP 500 million grant from the UK for a similar project.

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