Kurukshetra Expressway Toll Project Debt Acquisition
Sector: Government • Location: Haryana, India
Source: The Economic Times
National Asset Reconstruction Co (NARCL) has submitted a bid to acquire the debt of the Kurukshetra Expressway toll project on the Rohtak-Bawal section of National Highway-71 in Haryana. The project faced termination of its concession agreement in July 2021 due to prolonged disruptions and stoppage of toll collections. The outstanding debt is around Rs 1,500 crore, and NARCL's bid is about Rs 345
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Participants
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Company | Obfuscated Data |
Status
Original status | debt recovery proceedings |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | National Asset Reconstruction Co (NARCL) has submitted a bid to acquire the debt of the Kurukshetra Expressway toll project on the Rohtak-Bawal section of National Highway-71 in Haryana. The project faced termination of its concession agreement in July 2021 due to prolonged disruptions and stoppage of toll collections. The outstanding debt is around Rs 1,500 crore, and NARCL's bid is about Rs 345 crore under a government-backed bad loan resolution framework. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Source
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Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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