ILandFS Trans subsidiary gets road maintenance contracts in Portugal

IL&FS Transportation Networks has informed that Intevial Gestao Integral Rodoviaria SA, a wholly owned subsidiary of Elsamex S.A., a subsidiary of the Company in Spain has been awarded contracts by Estradas de Portugal for maintenance of 2 road projects. The estimated total contract value is Euro 5.95 mn (approx. Rs 426.26 mn).

February 12, 2013 / 11:48 IST

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IL&FS Transportation Networks Ltd has informed BSE that Intevial Gestao Integral Rodoviaria SA, a wholly owned subsidiary of Elsamex S.A., a subsidiary of the Company in Spain has been awarded contracts by Estradas de Portugal (the Roads Development Company of the Government of Portugal) for maintenance of 2 road projects namely, (i) Maintenance of roads in the city of Oporto comprising of 338 lane kms for a period of 2 years and (ii) Maintenance of road in the city of Lisbon comprising of 431 lane kms for a period of 1 year aggregating to 769 lane kms effective April 01, 2013.The estimated total contract value is Euro 5.95 Million (approx. Rs. 426.26 Million).Source : BSE

Read all announcements in ILandFS Trans

first published: Feb 12, 2013 11:48 am

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