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Abhijeet Harzaribagh Toll Road group has closed financing on the upgrading of the Barhi-Hazaribagh section of NH-33. The National Highways Authority of India awarded the 24-year design-build-finance-operate-transfer contract to Abhijeet in July last year.
State Bank of India arranged the project's Rs2.5 billion ($55.8 million) 14-year term loan, which carries a six month grace period. SBI provided...