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NHAI's SPV Raises 9731 Cr for Mumbai-Delhi Expressway
NHAI's SPV Raises 9731 Cr for Mumbai-Delhi Expressway
R
Ramesh Toomula
Mumbai
Wed Mar 31 2021
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NHAI's SPV Raises 9731 Cr for Mumbai-Delhi Expressway

The National Highways Authority of India (NHAI) is building a 1,276 km long greenfield Mumbai-Delhi Expressway with an estimated cost of INR 87, 453 crores. NHAI has announced on Tuesday that an amount of INR 9,731 crore is raised by its fully owned special purpose vehicle 'DME Developers (DMEL)'. State Bank of India contributed the major share of INR 5000 crore. Apart from SBI, the SPV consists of Punjab National Bank, Bank of Maharashtra and Axis Bank.

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NHAI's SPV Raises 9731 Cr for Mumbai-Delhi Expressway
NHAI's SPV Raises 9731 Cr for Mumbai-Delhi Expressway
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