Spvs

This move comes in line with the terms of the tender awarded to Reliance Industries for the establishment of an aggregate solar capacity of 128 MW spread across various locations in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, RIL said.

Sadbhav Engg sees cost of funds going down by Rs 70 cr in FY17

Speaking to CNBC-TV18 Nitin Patel of Sadbhav Engineering said that growth in tolling revenue and traffic are key triggers for the company. The company has completed refinancing 5 special purporse vehicles (SPVs) and margins are expected to go up, he said.

MEP Infra plans to raise Rs 1000 cr via InvITs: Sources

According to sources, MEP is eyeing raising Rs 1000 crore from InvITs to cut on debt and use the revenue to bid for toll-operate-transfer (TOT) and operate-maintain-transfer (OMT) projects.

FY17 to be a turnaround year: Sadbhav Infra Projects

Sadhva Infra's Director Nitin Patel says the company recently got approvals for four special purpose vehicles, and also a reduction of 120-130 basis points on its loans from lenders. The company's total debt stands at Rs 6600 crore, and these cuts are expected to save the company around Rs 60 crore.

Expect 2 key projects to be operational by March: IRB Infra

VD Mhaiskar, CMD, IRB Infrastructure said revenues for Q3 have been robust on back of sound execution of projects on the construction side and also because of higher toll collections.

See one time penalty of Rs 300cr on IRB Infra, says CMD

IRB Infra has received a service tax demand notice from the IT department on September 10 and VD Mhaiskar, CMD of IRB said they are looking at a one time penalty of around Rs 300 crore applied on three of its operational special purpose vehicles (SPVs).