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YEIDA directs Jaypee group to pay Rs 600 crore by August

YEIDA directs Jaypee group to pay Rs 600 crore by August

Tuesday, April 18, 2017, 10:48 PM

The Yamuna Expressway Industrial Development Authority (YEIDA) has asked Jaypee group to pay the outstanding Rs 600 crore by August against 1,000 hectare land parcel allotted to the company. Earlier, YEIDA had asked Jaypee group to pay 15% of the total outstanding amount of Rs 600 crore by April 15. Jaypee group has been selling its assets to reduce debt.
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