Sadbhav Jodhpur Ring Road project achives financial closure

Sadbhav Jodhpur Ring Road project achives financial closure

Sadbhav Jodhpur Ring Road Private Limited has achieved Financial Close for the Jodhpur Ring Road project.
The project is for Four Laning of Dangiywas (km 96.595 of NH-112) to Jajiwal (km 283.500 of NH-65 Nagaur Road) section Package-I (Design length 74.619 km) of Jodhpur Ring Road (In Principally declared NH) in the State of Rajasthan under NHDP Phase-VII.

The details of financial closure a follows:

Bid Project Cost* - 1,161.00 crs

Rupee Term loan - 530.88 crs

Payment during construction period from NHAI* - 464.40 crs

Company's contribution - 132.72 crs

Rupee Term loan tenure (from Appointed Date) - 16 years

Interest rate linked to 1-yr MCLR of respective banks - 9.45% p.a.

here is company details.

 

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