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Construction & Infrastructure News

UDAY achieves its most important objective

April 2017

It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and oper...

Ujwal DISCOM Assurance Yojana, DISCOM, Power generators, Investors, Lenders

Visa Steel to invoke strategic debt restructuring tool

October 2015

Kolkata-based loss-making Visa Steel has said that the lenders of the company in its Joint Lenders Forum (JLF) meeting held on September 22 have deci...

Visa Steel, Joint Lenders Forum, Strategic Debt Restructuring, Reserve Bank of India, VIsa, Ferro Chrome Unit, Restructuring tool

Ramky Infra may sell 4 road assets for Rs.1,000 cr

August 2015

Hyderabad-based Ramky Infrastructure is in active discussions with investors and buyers to sell four of its road assets...

Ramky Infrastructure, Ramky Eslamex, Sehore Kosmi, Hyderabad, Outer Ring Road, Joint Lenders Forum, JLF

AI extends deadline for $500 mn bridge financing offer

July 2013

As the lenders not showing much interest, Indian government-owned Air India has extended its $500-million bridge financing offer by one week to July ...

lenders, Indian government-owned, Air India, extended, bridge financing offer

Lenders in road sector's PPPs to get more powers

February 2013

In the road sector of the country, lenders are set to get more flexibility in public-private partnership (PPP) projects, where investor interest is w...

road sector, lenders, public-private partnership, projects
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