{"id":298182,"date":"2019-10-28T11:53:24","date_gmt":"2019-10-28T06:23:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298182"},"modified":"2019-10-28T11:53:24","modified_gmt":"2019-10-28T06:23:24","slug":"sadbhav-group-land-acquisition-issues-delay-highway-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sadbhav-group-land-acquisition-issues-delay-highway-projects\/","title":{"rendered":"Sadbhav Group: Land acquisition issues delay highway projects"},"content":{"rendered":"<p>Two highway projects of the Sadbhav Group \u2014 the Rudrapur Highway project and the Bhavnagar Highway project \u2014 are likely to get further delayed due to land acquisition issues, sources said. Earlier this week, ratings agency Crisil downgraded the long-term facilities of both the projects on account of construction delays.<\/p>\n<p>On October 23, Crisil downgraded the long-term bank facilities of Rs 354.24 crore of Sadbhav Rudrapur Highway to \u2018BBB\/Stable\u2019 from \u2018A-\/Negative\u2019. The long-term loan facilities worth Rs 434.49 crore of Sadbhav Bhavnagar Highway were also downgraded to \u2018BBB+\/Stable\u2019 from \u2018A\/Negative\u2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two highway projects of the Sadbhav Group \u2014 the Rudrapur Highway project and the Bhavnagar Highway project \u2014 are likely to get further delayed due to land acquisition issues, sources said. Earlier this week, ratings agency Crisil downgraded the long-term facilities of both the projects on account of construction delays. On October 23, Crisil downgraded the long-term bank facilities of Rs 354.24 crore of Sadbhav Rudrapur Highway to \u2018BBB\/Stable\u2019 from \u2018A-\/Negative\u2019. The long-term loan facilities worth Rs 434.49 crore of Sadbhav Bhavnagar Highway were also downgraded to \u2018BBB+\/Stable\u2019 from \u2018A\/Negative\u2019.<\/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":[130,197,138],"tags":[],"class_list":["post-298182","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298182","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=298182"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298182\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}