L&T incorporated Special Purpose
Vehicle (SPV), L&T Metro Rail (Hyderabad) is reportedly planning to raise
Rs 1000 crore for financing its Hyderabad Metro Project. The company is in
talks with IIFCL and is planning to achieve this through the ECB route, which
would help the company avail long term finance for a period of 25 years and at
a lower interest rate saving around 5%.
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