India Signs Loan Agreement with ADB for $300 Million for Improving Regional Road Connectivity along the North Bengal-North Eastern Region (NER); About 500 Km of Roads to be Constructed under the Program https://www.taxtmi.com/news?id=14252 A Loan Agreement finances a multi tranche road connectivity program to improve trade corridors and last mile links in North Bengal and the North Eastern Region. Tranche one funds national and state road construction extending toward Myanmar, with the lender providing the majority of project cost and central and state governments providing counterpart finance. The loan features a long repayment term with an initial grace period and an interest rate under the lender's LIBOR based facility, and the tranche has a specified completion timeline. en-us Thu, 26 Mar 2015 18:11:49 +0530 Thu, 26 Mar 2015 18:11:49 +0530 TaxTMI RSS Generator India Signs Loan Agreement with ADB for $300 Million for Improving Regional Road Connectivity along the North Bengal-North Eastern Region (NER); About 500 Km of Roads to be Constructed under the Program https://www.taxtmi.com/news?id=14252 A Loan Agreement finances a multi tranche road connectivity program to improve trade corridors and last mile links in North Bengal and the North Eastern Region. Tranche one funds national and state road construction extending toward Myanmar, with the lender providing the majority of project cost and central and state governments providing counterpart finance. The loan features a long repayment term with an initial grace period and an interest rate under the lender's LIBOR based facility, and the tranche has a specified completion timeline. News - Thu, 26 Mar 2015 18:11:49 +0530 https://www.taxtmi.com/news?id=14252