Funding issues force Adanis to delay petrochemical project in Ahmedabad

NEW DELHI: Delay in financial closure has forced the Adani group to suspend work on the Rs 34,900-crore petrochemical project in Ahmedabad. Adani Group on Monday clarified it has decided to keep the major equipment procurement and site construction activities on hold as it is waiting for the financial closure of the Green PVC project of Mundra Petrochemicals (MPL).