"After refinancing, the interest cost has been reduced to 9.80 per cent per annum, resulting in a saving of 1.50 per cent per annum," the company said in a filing to BSE.
JTCL is executing the project for design, construction, finance, strengthening, widening, operation and maintenance on BOT basis for the four-laning of Jaora-Nayagaon section in Madhya Pradesh, it said.
The highway developer has an impressive portfolio of over 28 PPP (public-private partnership) projects.
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