{"id":291357,"date":"2019-09-12T07:27:29","date_gmt":"2019-09-12T07:27:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291357"},"modified":"2019-09-12T07:27:29","modified_gmt":"2019-09-12T07:27:29","slug":"ilfs-gets-bids-worth-%e2%82%b913000-cr-for-road-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-gets-bids-worth-%e2%82%b913000-cr-for-road-assets\/","title":{"rendered":"IL&amp;FS gets bids worth \u20b913,000 cr for road assets"},"content":{"rendered":"<p>Debt-laden IL&amp;FS has received binding financial offers of \u20b913,000 crore for 10 domestic road assets. <\/p>\n<p>These bids were opened on September 9. The combined value of bids and these claims will help address the cumulative financial debt of \u20b917,700 crore, as of October 2018, in these assets.<\/p>\n<p>In addition to the above, IL&amp;FS Group entities continue to hold rights to receive claims with Gross Value exceeding \u20b91,900 crore, filed with various concession authorities in respect of these assets.<\/p>\n<p>Recently, three road entities \u2014 Jharkhand Road Projects Implementation Company, West Gujarat Expressway and Moradabad Bareilly Expressway \u2014 have become \u2018going-concerns\u2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-laden IL&amp;FS has received binding financial offers of \u20b913,000 crore for 10 domestic road assets. These bids were opened on September 9. The combined value of bids and these claims will help address the cumulative financial debt of \u20b917,700 crore, as of October 2018, in these assets. In addition to the above, IL&amp;FS Group entities continue to hold rights to receive claims with Gross Value exceeding \u20b91,900 crore, filed with various concession authorities in respect of these assets. Recently, three road entities \u2014 Jharkhand Road Projects Implementation Company, West Gujarat Expressway and Moradabad Bareilly Expressway \u2014 have become \u2018going-concerns\u2019.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-291357","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291357","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291357"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291357\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}