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Envoy Textiles signed a $30 million sustainability-linked loan with ADB to finance a new automated spinning unit at its Jamirdia plant, adding 4,550 tons of annual yarn capacity. The loan also supports 3.5 MW rooftop solar installation.
“This sustainability-linked loan will enable us to expand capacity, invest in renewable energy, and further reduce our environmental footprint.”textiletoday.com.bd
Summarized from public sources; check the original articles before acting on it.