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Sadbhav achieves financial closure for Hyderabad-Yadgiri road project

Thursday, 25 Mar 2010
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Sadbhav Engineering through its SPV Hyderabad Yadgiri Tollway, has achieved financial closure on 23 March 2010 for the Hyderabad-Yadgiri road project in Andhra Pradesh.

The estimated cost of project is Rs 480 crore wherein debt component is Rs 380 crore and balance of Rs 100 crore is equity.

The scope of work includes design, engineering, construction, development, finance, operation and maintenance of four-laning of Hyderabad- Yadgiri Section from km 18.600 to km 54.000 of NH-202 under NHDP Phase-III on DBFOT basis.

Also See:

Sadbhav-MCL JV bags order from NHAI (09-Feb-10)

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