GVRMP Dharwad Ramanagar Tollway Pvt Ltd - Fitch Research

GVRMP Dharwad Ramanagar Tollway Pvt Ltd

3 pages (1870 words) — Published Nov 25, 2011
Price $550.00  |  Buy this Report Now

About This Report

Brief Excerpt:

...GVR Dharwad Ramanagar Tollways Pvt Ltd is a special purpose company. It has secured a 30-year concession from the government of Karnataka (GoK)-owned Karnataka Road Development Corporation Ltd (KRDCL) to widen and maintain the 60.4km state highway (SH- 34) connecting Dharwad with Ramanagar on a build-operate-transfer basis. The company is promoted jointly by GVR Infra Projects Ltd (`Fitch BBB+(ind)'/Stable) (51%), RMN Infrastructures Ltd (25%) and Pratyusha Associates and Shipping Pvt Ltd (24%). The estimated project cost of INR2,708m is financed by senior debt of INR1,529.20m, a construction grant from KRDCL of INR483.4m, and equity from the three sponsors....

Report Type:

Full Rating Report

PDF Adobe Acrobat
Buy Now

More from Fitch Research

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author

Cite this Report

Fitch Research. "GVRMP Dharwad Ramanagar Tollway Pvt Ltd" Nov 25, 2011. Alacra Store. Mar 01, 2015. <http://www.alacrastore.com/fitch-credit-research/GVRMP-Dharwad-Ramanagar-Tollway-Pvt-Ltd-657057_report_frame>
Fitch Research. (). GVRMP Dharwad Ramanagar Tollway Pvt Ltd Nov 25, 2011. New York, NY: Alacra Store. Retrieved Mar 01, 2015 from <http://www.alacrastore.com/fitch-credit-research/GVRMP-Dharwad-Ramanagar-Tollway-Pvt-Ltd-657057_report_frame>
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.