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    <title>Cabinet approves grant of Interest Free Loan equivalent to interest during construction component to fertilizer revival projects at Sindri, Gorakhpur and Barauni by Hindustan Urvarak and Rasayan Limited</title>
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    <description>Cabinet authorises an Interest Free Loan (IFL) to HURL covering only interest accrued during scheduled construction for Gorakhpur, Sindri and Barauni projects; escalation from time or cost overruns is to be borne by the JV. The IFL will be disbursed in the first three years during construction and repaid over an 11-year period with a moratorium corresponding to the three-year disbursement period and phased repayment over the following eight years.</description>
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    <pubDate>Wed, 01 Aug 2018 18:19:59 +0530</pubDate>
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      <title>Cabinet approves grant of Interest Free Loan equivalent to interest during construction component to fertilizer revival projects at Sindri, Gorakhpur and Barauni by Hindustan Urvarak and Rasayan Limited</title>
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      <description>Cabinet authorises an Interest Free Loan (IFL) to HURL covering only interest accrued during scheduled construction for Gorakhpur, Sindri and Barauni projects; escalation from time or cost overruns is to be borne by the JV. The IFL will be disbursed in the first three years during construction and repaid over an 11-year period with a moratorium corresponding to the three-year disbursement period and phased repayment over the following eight years.</description>
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