IL&FS Transportation Networks bags projects from NHAI

IL&FS Transportation Networks had emerged as the lowest bidder for the Four Laning of Khed-Sinnar Section under phase IV B in the State of Maharashtra on DBFOT basis issued by NHAI.

March 28, 2013 / 16:39 IST

IL&FS Transportation Networks Ltd has informed BSE that the Company had emerged as the Lowest Bidder for the Four Laning of Khed-Sinnar Section of NH-50 From Km 42.000 to Km 177.000 (Design Length - 137.946 Km) Under Phase IV B in the State of Maharashtra on DBFOT Basis (the "Project") issued by NHAI. The Project is on Toll basis with a concession period of 20 years including construction period of 910 days. The estimated cost of the Project is Rs. 1348.20 Crores and the Company has quoted a grant of Rs. 296.60 Crores for Project.Further the Company has informed that, the Company has received a Letter of Award dated March 28, 2013, from the NHAI for the aforesaid Project.Source : BSE

Read all announcements in ILandFS Trans

first published: Mar 28, 2013 04:39 pm

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