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Adani Capital invests RslOO crore in infrastructure firm BSCPL
  • Adani Capital invests RslOO crore in infrastructure firm BSCPL

    14 December 2017

    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.

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