submits | Udaipur Kiran

Sadbhav Infrastructure Project’s arm submits financial closure for Gujarat project

22 Oct 2018 11:47 AM by Bhupendra Singh Chundawat

Sadbhav Infrastructure Project’s wholly owned subsidiary — Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) in relation to Financial Close within the timelines stipulated in accordance with the Concession Agreement dated May 23, 2018. The company has submitted the same for project of upgradation to 4 … Read more

Vedanta submits expression of interest for Jaypee Infratech

14 Nov 2017 9:58 AM by Bhupendra Singh Chundawat

Vedanta has submitted a preliminary expression of interest (EoI) for Jaypee Infratech currently undergoing the Insolvency Resolution Proceedings (IRP). The EoI invited by insolvency resolution professional (IRP) has received response from various entities, including corporates and asset reconstruction companies. The National Company Law Tribunal (NCLT) has admitted the application by an IDBI Bank-led consortium seeking … Read more