Sadbhav Engineering has achieved financial closure on 3 February 2010 for the
modernisation and computerisation of integrated border check posts at 22
locations in Maharashtra on BOT basis.
The project entails a cost of Rs 1,426.37 crore, where debt component is Rs
1,141.10 crore and balance Rs 285.27 crore is equity.
The funds were raised by an SPV named Maharashtra Boarder Check Post Network,
wherein equity is held by the company, SREI Infrastructure Finance and SREI
Sahaj E-village in the ratio of 90:5:5 respectively.
Also See:
Sadbhav wins Rohtak-Panipat road project (05-Jan-10)
Related Links:
Project profile