Ramky Infrastructure said that it has tied up debt worth INR 14.4 billion from a syndicate of lenders led by ICICI Bank for a road project in the state of Jammu and Kashmir.

The National Highways Authority of India has awarded a consortium of Ramky Infra and China's Jiangsu Provincial Transportation Engineering Group Co the road project worth 16 billion rupees with a concession period of 20 years.

(Sourced from Reuters)