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Ramky Infra Ties Up 1.4k-Cr Debt for J&K Project

18 Feb 2011 Evaluate

Ramky Infrastructure has tied up debt worth 1,400 crore with ICICI Bank for financing its Srinagar-Banihal road project in Jammu and Kashmir. Ramky Infrastructure, in a joint venture with China’s Jiangshu Provincial Transportation Engineering Group Company, is executing the Srinagar-Banihal road project in Jammu and Kashmir at a total cost of 1,625 crore. Ramky Infrastructure holds 74% in the joint venture, which will design, build, finance, operate and transfer the project for National Highway Authority of India (NHAI). crackcrack

Peers
Company Name CMP
Larsen & Toubro 3887.25
Kalpataru Projects 1337.30
NCC 117.90
Rail Vikas Nigam 183.80
KEC International 337.90
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