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Thiruvananthapuram Road Development Company Limited

Thiruvananthpuram Road Development Company Limited, a special purpose vehicle promoted jointly by IL&FS Transportation Networks Limited (ITNL) and Punj Lloyd Limited (PLL), has been mandated to develop the road network in Thiruvananthapuram city on an Annuity basis. The Project consists of improvements to be made to the city roads of Thiruvananthapuram by way of development of ten corridors and three NH bypass links totalling 42 kms

The total Senior and Subordinate debt of Rs 1667.26 mn and Rs 206.07 mn respectively and has been successfully tied up from a consortium of five banks namely, Punjab National Bank, Indian Overseas Bank, Bank of India, The Jammu & Kashmir Bank Ltd. and Oriental bank of Commerce

To know about Thiruvananthapuram City Road Improvement Project, click here

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