Date:13/02/2007 URL: http://www.thehindu.com/2007/02/13/stories/2007021305681807.htm

Business - Briefly

'Transport deal of the year' award for ADCB

CHENNAI : Abu Dhabi Commercial Bank (ADCB) has won the prestigious Euromoney Project Finance 2006 `Transport: Deal of the Year' Award. According to a release, the loan was extended to L&T Interstate Road Corridor Ltd. on a non-recourse basis to the Build-Operate-Transfer project that was awarded by the National Highways Authority of India to finance the construction of a 76-km highway between Palanpur in Gujarat to Saroopganj in Rajasthan.