India’s Maharashtra state has obtained Rs 21,500 crore ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according to people familiar with the matter.

Maharashtra State Road Development Corporation has secured funding commitments of 215 billion rupees from lenders for a road project near Mumbai. The key lenders include Rural Electrification ...

The Maharashtra state has obtained Rs 21,500 crore ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according to people familiar with the matter.

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