NARCL offers Rs 220 crore for Sion Panvel Tollways' debt - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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NARCL offers Rs 220 crore for Sion Panvel Tollways' debt

"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumbai. The account has been in trouble for some years now because of a dispute with the toll operator and the Maharashtra government," said a person familiar with the offer.

from Stocks-Markets-Economic Times
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