Sadbhav Infrastructure Project’s subsidiary - Ahmedabad Ring Road Infrastructure (ARRIL) has completed refinancing of its existing rupee debt facilities by reducing the interest rate from 10.90% p.a. to 8.70% p.a. with same terms and conditions as currently applicable.
ARRIL achieved commercial operation date on June 30, 2008. The project is to improve and widen to four lane of two lane Sardar Patel Ring Road around Ahmedabad city in the state of Gujarat on Build, Operate and Transfer (BOT) basis.
Sadbhav Infrastructure Project is one of the leading road BOT companies in India that specializes in the development, operation and maintenance of highways, roads and related projects.