Highway 
Dealstreet

Luthra advises L&T Finance on a highway project worth ₹629 crore

The highway project is a part of the Bharatmala Pariyojana of NHAI

Bar & Bench

Larsen & Toubro Finance has provided funding worth ₹629 crores to Kappirikkad Highways Private Limited.

Luthra and Luthra Law Offices acted as the legal counsel for L&T Finance on the deal and assisted with drafting, reviewing, negotiating, advising on legal issues/queries relating to the facility, finalization and execution of the financing and security documents.

The transaction team was led by Partner, Purvi Dabbiru, and comprised Associates – Samarth Sharma, Pragya Verma and Shantanu Awasthi.

The funds will be used for a six-lane highway from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in the state of Kerala on Hybrid Annuity Mode under the Bharatmala Pariyojana of National Highway Authority of India (NHAI).

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Saurav Das, Ashutosh Ranka have no respect for law, can breach peace and tranquility: Delhi SEM court

Delhi High Court says no need to disclose records of foreign travel in IAF aircraft by PM, ex-PM

CJP's Saurav Das, Ashutosh Ranka to remain in jail as Delhi court extends their judicial custody

Social media users must be given copy of takedown order: Punjab and Haryana High Court

Bombay High Court seeks State's response to plea against mass detentions during anti-CEC protests

SCROLL FOR NEXT