Home » Gundugolanu

Tag: Gundugolanu

Post
Road infra cos face problems as banks are wary of lending

Road infra cos face problems as banks are wary of lending

Hyderabad-based IVRCL won a contract from the National Highways Authority of India (NHAI) on March 31 last year, to develop a 121-km stretch of road between Rajahmundry and Gundugolanu in Andhra Pradesh. Almost a year later, the company has still not managed to arrange bank loans for the Rs 1,617 crore project.