4-Laning of Loha-Waranga, section of NH-361
Sector: Road • Location: India
Source: World Bank Group
The project entails the construction of Four Laning of Loha-Waranga Section of NH-361 from km.187.800 to km.244.369(Design length 56.569km.)under NH(O)in State of Maharashtra on Hybrid Annuity Mode. SPV is MEP Longjian Loha Waranga Road, a wholly owned subsidiary of MEP Infrastructure Developers that covers $ 18.26 million, YES Bank is the lead debt arranger, the debt itself is in amount of $ 73.4
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Status
Original status | active |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | The project entails the construction of Four Laning of Loha-Waranga Section of NH-361 from km.187.800 to km.244.369(Design length 56.569km.)under NH(O)in State of Maharashtra on Hybrid Annuity Mode. SPV is MEP Longjian Loha Waranga Road, a wholly owned subsidiary of MEP Infrastructure Developers that covers $ 18.26 million, YES Bank is the lead debt arranger, the debt itself is in amount of $ 73.45 million. NHAI contributes for the project with a grant of $ 61.32 million. The concession period is 15 years including Construction Period of 730 days. Financial close took place on March 11, 2019. https://www.equitybulls.com/admin/news2006/news_det.asp?id=247609 https://www.constructionworld.in/articles/news/MEP-Infrastructure-achieves-financial-closure-for-three-HAM-projects/20674 |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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