Project Highlights
Plant
1500 TPD of (P2O5) Phosphoric Acid and 4500 TPD Sulphuric Acid and related facilities at Eshidiya, Jordan.
Capital Cost
The Project Capital Cost is estimated at USD 671 million.
Funding
Debt : Equity Ratio 50:50. Equity contribution by sponsorers USD 335.5 Million, Loans USD 335.5 Million from International Financial Corporation (IFC) and European Investment Bank (EIB)
Equity
IFFCO and its affiliates 52% and JPMC 48%.
Loan Disbursement
The Financial Closure for the project is achieved and the first disbursal of 80 Million USD was made by the Senior Lenders on 23rd November 2011.
Effective date of start of Construction Activities
14th October, 2010.
Scheduled Completion of the Project
July, 2013.
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