All stakeholders, including industry, government, investors, institutions, and communities, need to work together to build infrastructure that is not only functional but also resilient, inclusive, and sustainable, opines YR Nagaraja. In India, infrastructure is more than just roads, bridges, and buildings; it’s the foundation of our growth story. It determines how efficiently we live, how...
Tag: YR Nagaraja
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Bankers to lend `8.3 bn for `11 bn road project
A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karnataka. HCTL is a special purpose vehicle (SPV) formed to undertake the Hospet- Chitradurga road project by Ramky Infrastructure. The consortium of bankers comprises Axis Bank, IDBI Bank, Bank of India, IIFCL, State Bank of Hyderabad, State Bank of Patiala, State Bank of Travancore, Central Bank of India and Oriental Bank of Commerce, Ramky Inf