Financial Services

Investment Banking

JAS Toll Road Company Limited

JAS Toll Road Company Limited is an SPV promoted by M/s Jayaswals Neco Ltd. and SREI International Finance Limited for rehabilitation and widening of the Neelamangala – Tumkur section of NH – 4, to a 4-lane corridor with provision to be made for further widening to 6-lanes. The project is part of the Golden Quadrilateral project initiative of NHAI

The project cost at Rs 2217 mn has been financed by equity of Rs 759 mn from the promoters, rupee term loans aggregating Rs 1250 mn, and an NHAI grant of Rs 208 mn. The project was commissioned in April 2004