Category: Financial Closures

Chittoor Thatchur Highway Private Limited achieved financial closure for the Chittoor-Thatchur Six Lane Highway project.

H.G. Raipur Visakhapatnam OD-6 Private Limited achieved financial closure for the Baunsaguar-Baraja Six Lane Road Project (Raipur-Visakhapatnam Economic Corridor).

KNR Ramagiri Infra has achieved financial closure from the NHAI for the Chittoor-Thatchur Highway Package-III.

H.G. Raipur Visakhapatnam OD-5 Private Limited achieved financial closure for the Karki-Kaliagura Six Laning Road Project (Package OD-V).

H.G. Raipur Visakhapatnam AP-1 Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Private Limited, achieved financial closure for the Aluru-Jakkuva Six Lane Greenfield Road Project (Raipur-Visakhaputnam Economics Corridor Phase III) (Package AP-I) on February 25, 2022.

GR Ludhiana Rupnagar Highway Private Limited, a wholly owned subsidiary of GR Infraprojects Limited, achieved financial closure for implementation of Package I of the Ludhiana-Rupnagar Four/Six Lane Highway Project on February 21, 2022.

Palsit Dankuni Tollway Private Limited, a wholly-owned subsidiary of IRB Infrastructure Developers Limited (SPV), has achieved financial closure for the project of six-laning of National Corridor NH-19 from Palsit to Dankuni (up to the NH-6 Connector) in the State of West Bengal under the Bharatmala Pariyojana on a BOT (Toll) basis.

Sanur-Bikarnakette Highways, a wholly-owned subsidiary of Dilip Buildcon (DBL), has achieved financial closure for HAM project. 

Ashoka Bettadahalli Shivamogga Road, a wholly-owned subsidiary of Ashoka Buildcon Limited (ABL), achieved financial closure for the Tumkur-Shivamogga four-laning road project (NH-206) (Package IV) on December 20, 2021.

Pathankot Mandi Highway Private Limited, a wholly owned subsidiary of IRB Infrastructure Developers Limited, achieved financial closure for Package IA of the Pathankot-Mandi four-laning road project on December 10, 2021.

KNR Ramanattukara Infra Private Limited, a wholly owned subsidiary of KNR Constructions Limited received financial closure for the Ramanattukara Junction-Valanchery Bypass Six Laning Road Project on November 6, 2021. The project...

Bangalore Malur Highways Private Limited, a wholly-owned subsidiary of Dilip Buildcon Limited, announced on September 10 that it has received financial closure letter from NHAI.

Sannur Bikarnakette Highways Private Limited, a wholly-owned subsidiary of Dilip Buildcon executed the concession agreement with NHAI on September 10, 2021.

On August 17, 2021 Dhrol Bhadra Highways Private Limited, a wholly-owned subsidiary of Dilip Buildcon Limited, received the financial closure letter from NHAI.

Dilip Buildcon Limited has announced that Repallewada Highways, a wholly owned subsidiary of the company, has received the financial closure letter from NHAI for the project entailing four-laning of NH-363 from Repallewada to Telangana/Maharashtra border in Telangan, on hybrid annuity model.

PNC Infratech Limited has announced that its wholly owned subsidiary, PNC Meerut Haridwar Highways, has received communication from NHAI on March 11, 2021, confirming the achievement of financial closure.

PNC Meerut Haridwar Highways Private Limited, a wholly owned subsidiary of PNC Infratech Limited, has submitted duly executed financing documents to NHAI.

PNC Gomti Highways Private Limited, company’s wholly-owned subsidiary of PNC Infratech Limited, has received communication from NHAI on February 12, 2021, confirming the achievement of financial closure for the subject project on January 30, 2021.

PNC Infratech Limited has announced that its subsidiary, PNC Unnao Highways, has received communication from NHAI on February 2, 2021 confirming the achievement of financial closure for the subject project on December 31, 2020.

The VM7 Expressway, a wholly-owned subsidiary and a special purpose vehicle (SPV) of the IRB Infrastructure Developers Limited, has achieved financial closure for Gandeva-Ena project in Gujarat.