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Home › Guide › News › Shrinagar Sonmarg Tunnelway Ltd

Shrinagar Sonmarg Tunnelway Ltd

IL&FS Transportation’s SPV ties up Rs. 2,363-crore loan for NH1 project

Monday, September 8th, 2014 No Comments »

IL&FS Transportation’s SPV ties up Rs. 2,363-crore loan for NH1 project
In a recent exchange filing, IL&FS Transportation Networks Ltd (ITNL) has disclosed that its special purpose vehicle (SPV) – Shrinagar Sonmarg Tunnelway Ltd – has tied up a loan of Rs 2,363 crore with the ICICI bank. In the SPV, Soma Enterprises Ltd and ITNL are 51:49 equity partners. ITNL said in the exchange filing [...] Continue Reading »



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