GVRMP Dharwad Ramanagar Tollway Pvt Ltd - Fitch Research

GVRMP Dharwad Ramanagar Tollway Pvt Ltd

3 pages (1870 words) — Published Nov 25, 2011
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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....

  
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Fitch Research. "GVRMP Dharwad Ramanagar Tollway Pvt Ltd" Nov 25, 2011. Alacra Store. Aug 01, 2014. <http://www.alacrastore.com/fitch-credit-research/GVRMP-Dharwad-Ramanagar-Tollway-Pvt-Ltd-657057_report_frame>
  
APA:
Fitch Research. (). GVRMP Dharwad Ramanagar Tollway Pvt Ltd Nov 25, 2011. New York, NY: Alacra Store. Retrieved Aug 01, 2014 from <http://www.alacrastore.com/fitch-credit-research/GVRMP-Dharwad-Ramanagar-Tollway-Pvt-Ltd-657057_report_frame>
  
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