Il&FS Trans to develop stadium in Kerala for Rs 161 cr
Il&Fs Transportation to develop outdoor stadium at Karyavattom Thiruvananthapuram, Kerala. Estimated cost of the Project is Rs 161 crore.
January 20, 2011 / 12:32 IST
| Il&Fs Transportation Networks Limited has informed the Exchange that the Company had submitted its Bid with the National Games Secretariat (the "Authority" or "NGS") for development of Outdoor Stadium at Karyavattom, Thiruvananthapuram, Kerala (the "Project"). The Project is on Annuity basis with a concession period of 15 years including a construction period of 24 months and the estimated cost of the Project is Rs. 161 Crores. Further, the Company has informed the Exchange that the bids were opened on January 19, 2011 by NGS and the Company has emerged as the Lowest Bidder for the aforesaid Project. | | Source : BSE |
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