Support: +91-22-61011756 /
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.

GIFTCL achieves financial closure for Phase-I of GIFT City

Wednesday, 04 Jun 2014
Share this on :

Gujarat International Finance Tec-City Company (GIFTCL) has achieved financial closure of Rs 1,157 crore for Phase-I, Gujarat International Finance Tec-City (GIFT City), at Gandhinagar in Gujarat.

The company has achieved financial closure for the debt requirement of Rs 1,157 crore by tying up with a consortium of five banks, led by Syndicate Bank. The other consortium banks include Bank of India (BoI), Bank of Baroda (BoB), Punjab & Sindh Bank, and Corporation Bank.

GIFTCL is planning to invest another Rs 661 crore through equity and internal accruals over the next three years, for the estimated cost of Rs 1,818 crore for development of various infrastructure in Phase-I.

The funds will be utilised for developing state-of-the-art infrastructure planned for the city, which includes road network, district cooling system, automated solid waste management system, utility tunnel, smart ICT, master balancing reservoir, water and sewerage treatment plant, power distribution system, and infrastructure components.


Related Link:
Project profile

Post Your Comments


Sign up to start your free trial

Are you...


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

User login
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