Gangavaram Port Re12.8 billion refinancing

Overview:

• Gangavaram Port has taken out Re12.8 billion in new financing.
• The finance was provided by a consortium of six banks led by State Bank of India.
• The loan has been used to refinance the construction of a deep water, multi-purpose port at Gangavaram near Vishakhapatnam in Andhra Pradesh.

Katrin Kostadinova - Data analyst