Indian projects in hand

The Indian states of Rajasthan, Maharashtra and Gujarat will see major expansion of road infrastructure.
March 2, 2012 Read time: 1 min
The Indian states of Rajasthan, Maharashtra and Gujarat will see major expansion of road infrastructure. In all some 906km of new road stretches will be built in these three states. The work will be financed loans worth US$250 million in deals agreed by 3531 India Infrastructure Finance Company Ltd (IIFCL), the Indian Government and the 943 Asian Development Bank (ADB). The plans form part of the second tranche of the Second India Infrastructure Project Financing Facility. The loan facility is for a total of $700 million and was first agreed in 2009.

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