G R Infraprojects Limited (GRIL), an engineering, procurement, and construction (EPC) contractor and developer of roads and highways, intends to use the funding to purchase new construction equipment and machinery. The project will help increase GRIL’s execution capacity, and the Asian Development Bank (ADB) funding will enable the company to access medium-term financing, not readily available in the market.
This report describes the terms and conditions of a project for consideration for approval by ADB under the Faster Approach to Small Nonsovereign Transactions (FAST) framework.
This document dated November 2021 is provided for the ADB project 52371-002 in India.