{"id":273044,"date":"2019-05-06T05:31:35","date_gmt":"2019-05-06T05:31:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273044"},"modified":"2019-05-06T05:31:35","modified_gmt":"2019-05-06T05:31:35","slug":"haryana-proposes-exit-route-from-expressway-project-for-essel-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/haryana-proposes-exit-route-from-expressway-project-for-essel-group\/","title":{"rendered":"Haryana proposes exit route from expressway project for Essel Group"},"content":{"rendered":"<p>NEW DELHI: In what is being seen as a Rs 4,000-crore breather, a Haryana government undertaking, which is the owner of the Kundli-Manesar-Palwal (KMP) Expressway project, has proposed that lenders led by IDBI BankNSE -1.00 % take over the debt and allow it to exit along with the concessionaire, the embattled Essel Group. <\/p>\n<p>While IDBI Bank is not averse to the idea, some of the other lenders are not in favour of the plan, although a final call is yet to be taken, bankers told TOI. They are worried over the recent trend to hand over ailing companies \u2014 ranging from Jet AirwaysNSE -2.32 % to Jaypee InfratechNSE 4.35 %. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: In what is being seen as a Rs 4,000-crore breather, a Haryana government undertaking, which is the owner of the Kundli-Manesar-Palwal (KMP) Expressway project, has proposed that lenders led by IDBI BankNSE -1.00 % take over the debt and allow it to exit along with the concessionaire, the embattled Essel Group. While IDBI Bank is not averse to the idea, some of the other lenders are not in favour of the plan, although a final call is yet to be taken, bankers told TOI. They are worried over the recent trend to hand over ailing companies \u2014 ranging [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-273044","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=273044"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273044\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}