Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Bangalore International Airport rallies Rs 10,200 cr from SBI, Axis Bank

Friday, 12 Apr 2019
Share this on :

Fairfax-owned Bangalore International Airport (BIAL) is raising Rs 10,200 crore of expansion funds through a syndicated loan facility. The airport operator has availed the loans from the State Bank of India and Axis Bank.

BIAL is now developing new infrastructure that will include new terminal, second runway, new multi-modal transport hub, and more roads and ancillary utilities.

The finalised project cost for this expansion is Rs 13,300 crore, which has been financed by a term loan of Rs 10,200 crore from the State Bank of India and Axis Bank.

The loans will mature in 15 years and interest rates are linked to the respective MCLR of the lenders. BIAL’s new terminal should be ready in 2021 and its second runway is expected to be operational by October 2019.

Fairfax own 54 percent stake and Siemens owns 0.36 percent stake, and Projects Ventures own 20 percent. The government owns the rest.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your free trial
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services