{"id":301361,"date":"2019-11-18T11:55:44","date_gmt":"2019-11-18T06:25:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301361"},"modified":"2019-11-18T12:09:43","modified_gmt":"2019-11-18T06:39:43","slug":"jaypee-infra-resolution-nbcc-offers-1426-acres-to-banks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jaypee-infra-resolution-nbcc-offers-1426-acres-to-banks\/","title":{"rendered":"Jaypee Infra resolution: NBCC offers 1,426 acres to banks"},"content":{"rendered":"<p>NEW DELHI : Softening its resolution plan for Jaypee Infratech (JIL), state-run construction major NBCC has offered 1,426 acres land, worth \u20b95,001 crore, of the bankrupt company to its financial creditors, sources said.<\/p>\n<p>NBCC had previously offered around 950 acres to the banks.<\/p>\n<p>The Navratna company, formerly the National Buildings Construction Corporation Ltd, submitted its revised plan on Sunday.<\/p>\n<p>Further, it has also offered 100 per cent shareholding of the Expressway SPV (special purpose vehicle) including concession rights of Yamuna Expressway and 4,798 acres of land.<\/p>\n<p>It has also offered 50 per cent of the profits incurred form the sale of unclaimed real estate units on an annual basis after finalisation of books of account of JIL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Softening its resolution plan for Jaypee Infratech (JIL), state-run construction major NBCC has offered 1,426 acres land, worth \u20b95,001 crore, of the bankrupt company to its financial creditors, sources said. NBCC had previously offered around 950 acres to the banks. The Navratna company, formerly the National Buildings Construction Corporation Ltd, submitted its revised plan on Sunday. Further, it has also offered 100 per cent shareholding of the Expressway SPV (special purpose vehicle) including concession rights of Yamuna Expressway and 4,798 acres of land. It has also offered 50 per cent of the profits incurred form the sale [&hellip;]<\/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":[139,130,189],"tags":[],"class_list":["post-301361","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301361","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=301361"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301361\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}