3 IL&FS entities turn green

3 IL&FS entities turn green

The three companies -- Moradabad Bareilly Expressway (MBEL), Jharkhand Road Projects Implementation Company (JRIPIC) and West Gujarat Expressway (WGEL)

FPJ BureauUpdated: Friday, September 20, 2019, 08:19 AM IST
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New Delhi: Three IL&FS group companies have moved to green list after signing term sheet with the lenders to their debts worth Rs 5,071 crore, the NCLAT was informed on Thursday.

The three companies -- Moradabad Bareilly Expressway (MBEL), Jharkhand Road Projects Implementation Company (JRIPIC) and West Gujarat Expressway (WGEL) -- have moved to green list from the amber list of IL&FS group companies.

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