Financial close has been achieved

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Financial close has been achieved. Yes Bank was the sole debt arranger and syndicator of the debt. Other financial institutions involved are India Infrastructure Finance, Dena Bank, Syndicate Bank and Oriental Bank of Commerce
List of the country updates

Country updates

  • October 05, 2010

    A consortium composed by IL&FS Transportation Networks Ltd (51 %) and Spanco Limited (49 %), has received the letter of award for the project

  • August 21, 2010

    Update of RFQs for PPP road projects from NHAI. Consultants and developers

    Are you following the Indian market? Yes? Well, if so, this is the best place to know the last tender processes from the states and from th NHAI. In this last week, we have a big update regarding PPP...

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  • August 17, 2010

    The Reserve Bank of India releases a report called: Infrastructure Financing- Global pattern and the Indian experience. August 2010

    There is huge problem when talking about infrastructure financing in India. All the PPP projects being currently developed need a debt amount that should be a long term obligation. But in India, comme...

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  • July 23, 2010

    IL&FS Transportation and Ramky Infra have signed the concession agreement

  • July 06, 2010

    Bids for the first mega road project are in. 13 proposals have been submitted

    I just read today that the first megaroad project is out in tender and 13 proposals have been submitted. I remember that the first two tenders were announced two months ago.

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