Adani Capital invests RslOO crore in infrastructure firm BSCPL

Adani Capital has made a structured investment of Rs 100 crore
into Hyderabad-based BSCPL Infrastructure Ltd, the company
said in a release. BSCPL Infrastructure is an engineering,
procurement construction (EPC) and development infrastructure
company focused primarily on the road sector.
Part of the funding would be retired out from the proceeds of a
BOT (built, operate and transfer) asset sale which shall
consummate post the completion of the project," said Shamod
Madanmohan, executive director, Adani Capital.
BSCPL Infrastructure chairman Krishnaiah said the funding from
Adani Capital has come at an appropriate time that will aid in
streamlining company operations and smoothen execution of
under construction projects.