Corporate Announcement
Security Code : 540047    Company : DBL    
 
Submission Of Documents Towards Financial Closure By 'DBL Rewa Sidhi Highways Private Limited And DBL Chandikhole Bhadrak Highways Private Limited (Wholly Owned Subsidiaries Of The Company) To The National Highways Authority Of India (NHAI).Download PDF Download XBRL
  Exchange Received Time  23/10/2018 14:19:13         Exchange Disseminated Time   23/10/2018 14:19:17              Time Taken   00:00:04
We are pleased to inform you that, 'DBL Rewa Sidhi Highways Private Limited and DBL Chandikhole Bhadrak Highways Private Limited (wholly owned subsidiaries of the Company) have received the sanction letters to finance their Hybrid Annuity Mode (HAM) projects.

Further, the said SPVs have also submitted all the requisite financing documents to National Highways Authority of India (NHAI) in accordance within the stipulated timelines given in the concession agreement related to the financial closure.

The Company is in advance stage to get the sanction for the remaining HAM projects to achieve the financial closure as per the Concession agreement.
 

Disclaimer

Back To Announcements