SBI-led consortium lends $867m to IRB for Mumbai-Pune Expressway

SBI-led consortium lends $867m to IRB for Mumbai-Pune Expressway

IRB Infrastructure Developers Ltd has tied up ₹6,600 crore (about $867 million) of debt financing for acquiring tolling rights of the Mumbai-Pune Expressway, which it won through a bidding process in February, said two people aware of the development.