Project Description
Nanded Waghala City Municipal Corporation (NWCMC) is the local government/ Urban Local Body(ULB) responsible for the administration and governance of Nanded City, the second largest urban center in Marathwada Region of Maharashtra State.
In order to fulfill long term city requirements,replica watches NMCMC with assistance from IL&FS (as program managers) has developed infrastructure projects in core service sectors for funding under JNNURM,
As part of NWCMC’s tripartite agreement under the JNNURM Scheme, NWCMC have initiated a series of key financial reforms, including improvement of overall financial management. One of the initiatives under this was to restructure their existing debt.
NWCMC receives grants upto 90% of the project cost under JNNURM (80% from Govt. of India and 10% from Govt. of Maharashtra).
The First fake omega watches 18k rose gold UK drawdown amount has been fully disbursed and the final drawdown amount is due for disbursement. The total loan disbursements till date are Rs.600.00 Mln
For any subsequent disbursements in excess of Rs.700 Mln, the borrower shall have cheap replica watches UK to furnish financial statements and statement of receivables indicating the ability to service the repayment of the facility.
Project Cost | 766.145 Mln |
Means of Finance | |
Equity | 6.6.16 Mln |
Grant | 689.545 Mln |
Term Loans | 70.00 Mln |
Total | 766.145 Mln |
Purpose |
Term Loan for repaying short term loan availed by NWCMC from IL&FS to restructure its historical debt from Maharastra Jeevan Pradhikaran Term Loan to meet NWCMCs contribution for ongoing Nanded Infrastructure Development project under JNNURM The scope of the Project would include development of priority roads in corporation area, water supply, sewerage and sanitation, storm water drainage, solid waste management and riverfront development. |
Tenure |
13 Years |
Date of commencement(SCOD) | 31-May-2011 |