R-infra to attain financial closure for road projects

Reliance Infrastructure is close to achieving financial closure for its entire road projects portfolio after tying up debt aggregating to Rs 2,468 crore for two of the projects it bagged in 2010.The company has raised a debt of Rs 1,914 crore and Rs 554 crore for the Delhi-Agra and Hosur-Krishnagiri road projects, respectively. The Delhi-Agra road project is being set up at a total cost of 2,945 crore. The project entails six-laning of a 180 km stretch of the highway connecting Delhi to Agra. The Hosur-Krishnagiri road project is being set up at a total cost of Rs 924 crore.Contact: Reliance Infrastructure. E-mail: energy.helpdesk@relianceada.com