{"id":349650,"date":"2020-05-05T11:57:23","date_gmt":"2020-05-05T06:27:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349650"},"modified":"2020-05-05T12:42:55","modified_gmt":"2020-05-05T07:12:55","slug":"cil-arm-gets-loan-to-build-railway-line","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cil-arm-gets-loan-to-build-railway-line\/","title":{"rendered":"CIL arm gets loan to build railway line"},"content":{"rendered":"<p>Coal India subsidiary \u2014 South Eastern Coalfields Limited (SECL) \u2014 has received a credit support of Rs 3,976 crore from a consortium of banks, led by State Bank of India, to facilitate evacuation of coal by rail. <\/p>\n<p>A loan agreement has been signed between Chhattisgarh East West Rail Ltd (CEWRL) \u2014 a joint venture SECL and banks \u2014 to provide credit to develop a 135km of double line from Gevra Road to Pendra Road in Chhattisgarh to evacuate coal from the mines at Gevra, Dipka and Kusuminda. <\/p>\n<p>The project has a debt to equity ratio of 80:20 wherein the promoters are required to contribute about Rs 994 crore and the balance amount of Rs 3,976 crore is arranged from banks as rupee term loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India subsidiary \u2014 South Eastern Coalfields Limited (SECL) \u2014 has received a credit support of Rs 3,976 crore from a consortium of banks, led by State Bank of India, to facilitate evacuation of coal by rail. A loan agreement has been signed between Chhattisgarh East West Rail Ltd (CEWRL) \u2014 a joint venture SECL and banks \u2014 to provide credit to develop a 135km of double line from Gevra Road to Pendra Road in Chhattisgarh to evacuate coal from the mines at Gevra, Dipka and Kusuminda. The project has a debt to equity ratio of 80:20 wherein the promoters [&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":[217,130,148],"tags":[],"class_list":["post-349650","post","type-post","status-publish","format-standard","hentry","category-coal-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349650","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=349650"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349650\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}