Financial Closures - India Roads Monitor

Ceigall India achieves financial closure for of Southern Ludhiana Six Lane Greenfield Bypass Project in Punjab

October 24, 2025 | Finance, Financial Closures

Ceigall Southern Ludhiana Bypass Private Limited, wholly-owned subsidiaries of Ceigall India Limited achieved financial closure for implementation of Southern Ludhiana Six Lane Greenfield Bypass Project (Ludhiana-Ajmer Economic Corridor) (NH-44, NE-5) on September 30, 2025.

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H.G. Infra achieves financial closure for implementation of Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor in Gujarat

August 28, 2025 | Finance, Financial Closures

H.G. Narol Sarkhej Highway Private Limited a wholly owned subsidiary of H.G. Infra Engineering Limited achieved financial closure for implementation of Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor Project (NH-47) on April 18, 2025.

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Ashoka Buildcon achieves financial closure for Bowaichandi to Guskara-Katwa road project in West Bengal

July 11, 2025 | Finance, Financial Closures

Ashoka Bowaichandi Guskara Road Private Limited, a wholly owned subsidiary of Ashoka Buildcon Limited achieved financial closure for Bowaichandi to Guskara-Katwa Four Lane Road Project (Kharagpur-Moregram Expressway Package III) (Kharagpur-Siliguri Economic Corridor (EC-14)) (NH-116A) in West Bengal on June 2, 2025.

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Ceigall India achieves financial closure for Package II of Ludhiana-Bathinda Highway Project in Punjab

May 22, 2025 | Finance, Financial Closures

Ceigall Ludhiana Bathinda Greenfield Highway Private Limited, a subsidiary of Ceigall India Limited has achieved financial closure for implementation of Ludhiana-Bathinda Six Lane Greenfield Highway Project (Bharatmala Pariyojana) (Package II) on May 15, 2025.

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HAM Phase-I project receives financial closure in Maharashtra

March 25, 2025 | Finance, Financial Closures

Hybrid Annuity Model (HAM) Phase-I Project has received financial closure for funds worth Rs 25.87 billion with the assistance of banks such as Housing and Urban Development Corporation Limited (HUDCO)

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Ceigall India achieves financial closure for Northern, Southern Ayodhya Four/Six Lane Bypass Project in Uttar Pradesh

February 20, 2025 | Finance, Financial Closures

Ceigall Northern Ayodhya Bypass Private Limited and Ceigall Ayodhya Bypass Private Limited, wholly-owned subsidiaries of Ceigall India Limited achieved financial closure for implementation of Northern Ayodhya Four/Six Lane Bypass Project (NH-27) and Southern Ayodhya Four/Six Lane Bypass Project (NH-27), respectively on February 19, 2025.

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Oriental Structural Engineers achieves financial closure for TPHPL

September 20, 2024 | Finance, Financial Closures

Oriental Structural Engineers has achieved financial closure for Tiruvallar P1 Highway Private Limited (TPHPL), a special purpose vehicle (SPV), raising Rs 5.13 billion.

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IRB Infra secures financial closure for SPV project

March 15, 2024 | Finance, Financial Closures

IRB Infrastructure Developers has announced that its project SPV, IRB Lalitpur Tollway, has achieved financial closure for a project spanning Uttar Pradesh and Madhya Pradesh.

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PNC Infratech achieves financial closure for three packages of Varanasi-Ranchi-Kolkata Highway Project

December 26, 2023 | Finance, Financial Closures

Varanasi Kolkata Highway Package 2 Private Limited, Varanasi Kolkata Highway Package 3 Private Limited ….

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Financial Closure achieved for Packages X, XIII of Varanasi-Ranchi-Kolkata Highway Project

December 13, 2023 | Finance, Financial Closures

H.G. Varanasi-Kolkata PKG-10 Highway Private Limited and H.G. Varanasi-Kolkata PKG-13 Private Limited, the special purpose vehicles (SPVs) incorporated by H.G. Infra Engineering Limited, have achieved financial closure for the Varanasi-Ranchi-Kolkata Six Lane Highway Project (Package X, XIII).

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KNR Constructions achieves financial closure for two road projects

October 6, 2023 | Finance, Financial Closures

KNR Ramatheertham Infra Private Limited and KNR Kaveri Infra Private Limited, wholly owned subsidiaries of KNR Constructions Limited…

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G R Infra achieves financial closure for GRHBHPL

September 23, 2023 | Finance, Financial Closures

G R Infra has achieved financial closure for its special purpose vehicle (SPV), GR Hasapur Badadal Highway Private Limited (GRHBHPL) raisng Rs 4.43 billion.

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Financial closure achieved for Samkhiyali-Santalpur road project

September 22, 2023 | Finance, Financial Closures

Samakhiyali Tollway Private Limited, the special purpose vehicle (SPV) incorporated by IRB Infrastructure Developers Limited, achieved financial closure…

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Financial closure achieved for Karnal Ring Road Project

September 8, 2023 | Finance, Financial Closures

H.G. Karnal-Ringroad Private Limited, the special purpose vehicle (SPV) incorporated by H.G. Infra Engineering Limited, achieved financial closure for Karnal Six-Lane Greenfield Ring Road Project (NH-44) on August 29, 2023.

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Financial closure achieved for Sonauli-Gorakhpur Four Laning Road Project (NH-29E) on February 4, 2023

February 20, 2023 | Finance, Financial Closures

Sonauli Gorakhpur Highways Private Limited, the special purpose vehicle (SPV) incorporated by PNC Infratech Limited, achieved financial closure for Sonauli-Gorakhpur Four Laning Road Project (NH-29E) on February 4, 2023.

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Financial closure achieved for Package III of Hardoi-Lucknow Road Project

January 11, 2023 | Finance, Financial Closures

Hardoi Highways Private Limited has achieved financial closure for the Hardoi-Lucknow Four Laning Road Project Package III.

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Financial closure achieved for two packages of Mathura Bypass-Devinagar Road Project

December 23, 2022 | Finance, Financial Closures, News & Developments

Hathras Highways Private Limited and Yamuna Highways Private Limited achieved financial closure for Highway Projects of two Packages of Mathura Bypass-Devinagar Bypass Four Laning Road Project.

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Financial closure achieved for Bandikui-Jaipur Four Lane Greenfield Expressway Project

November 7, 2022 | Finance, Financial Closures, News & Developments

GR Bandikui Jaipur Expressway Private Limited has achieved financial closure for implementation of the Bandikui-Jaipur Four Lane Greenfield Expressway Project.

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Financial closure achieved for Badadal-Maradgi S Andola greenfield highway project

November 7, 2022 | Finance, Financial Closures, News & Developments

Akkalkot Highways Private Limited has achieved financial closure for implementation of the Badadal-Maradgi S Andola Six Lane Greenfield Highway.

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Financial closure achieved for road projects in Gujarat and Andhra Pradesh

October 31, 2022 | Finance, Financial Closures, News & Developments

GR Bhimasar Bhuj Highway Private Limited and GR Madanapalli Pileru Highway achieved financial closure for implementation of two road projects.

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Category: Financial Closures

Ceigall India achieves financial closure for of Southern Ludhiana Six Lane Greenfield Bypass Project in Punjab

H.G. Infra achieves financial closure for implementation of Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor in Gujarat

Ashoka Buildcon achieves financial closure for Bowaichandi to Guskara-Katwa road project in West Bengal

Ceigall India achieves financial closure for Package II of Ludhiana-Bathinda Highway Project in Punjab

HAM Phase-I project receives financial closure in Maharashtra

Ceigall India achieves financial closure for Northern, Southern Ayodhya Four/Six Lane Bypass Project in Uttar Pradesh

Oriental Structural Engineers achieves financial closure for TPHPL

IRB Infra secures financial closure for SPV project

PNC Infratech achieves financial closure for three packages of Varanasi-Ranchi-Kolkata Highway Project

Financial Closure achieved for Packages X, XIII of Varanasi-Ranchi-Kolkata Highway Project

KNR Constructions achieves financial closure for two road projects

G R Infra achieves financial closure for GRHBHPL

Financial closure achieved for Samkhiyali-Santalpur road project

Financial closure achieved for Karnal Ring Road Project

Financial closure achieved for Sonauli-Gorakhpur Four Laning Road Project (NH-29E) on February 4, 2023

Financial closure achieved for Package III of Hardoi-Lucknow Road Project

Financial closure achieved for two packages of Mathura Bypass-Devinagar Road Project

Financial closure achieved for Bandikui-Jaipur Four Lane Greenfield Expressway Project

Financial closure achieved for Badadal-Maradgi S Andola greenfield highway project

Financial closure achieved for road projects in Gujarat and Andhra Pradesh

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