NARCL makes binding bid for Essel Infra's road project debt

The National Asset Reconstruction Company of India (NARCL) has offered to acquire ₹271 crore in debt from the Ludhiana Talwandi Toll Road (LTTRPL), a road project awarded to Subhash Chandra's Essel Infraprojects in Ludhiana. The project is a 78-kilometre four-lane stretch of the National Highway-95 between Ludhiana and Talwandi Bhai in Ferozepur district via Moga in Punjab.

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