News
11 January 2022

L&T raises $1.7bn for Hyderabad metro

In:
Transport
Region:
Asia-Pacific

L&T Metro Rail Hyderabad has raised Rs13,119 crore ($1.775 billion) by selling bonds and commercial papers to refinance its Rs 14,132 crore Hyderabad Metro Rail (HMR) PPP project. The company aims to reduce its funding cost by at least 200 basis points by replacing high-cost bank loans with the...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...