IRB Infrastructure Developers on Thursday said its special purpose vehicle — Udaipur Tollway Limited — has raised Rs 700 crore through the issuance of redeemable non-convertible debentures on a private placement basis. According to a statement, the Special Purpose Vehicle (SPV) will use proceeds to refinance the existing project debts. … Read more
Tag: Infrastructure
Maldives to get its largest ever infrastructure Project- Deal signed win Indian Company AFCONS.
India and Maldives signed a largest ever infrastructure project contract. Under The Greater Male Connectivity Project ( GMCP) Indian infrastructure Company AFCON will build a 6.74 km-long bridge connecting Male and nearby islands of Villingli, Gulhifalhu and Thilafushi. AFCONS is known for its extra ordinary engineering projects that also include … Read more