IL&FS Transportation’s arm receives certificate to commercially operate 2 check posts

20 Oct 2014

IL&FS Transportation Networks’ arm - MP Border Checkpost Development Company, which had been mandated the development of 24 Border Check Posts by the MP Road Development Corporation has been issued Provisional Completion Certificate to commercially operate 2 more check posts namely - Chindwara - Nagpur and Kabir - Chabutara Border Check Posts with effect from October 16, 2014 & October 17, 2014 respectively. The Project is fee based with a Concession period of 12 ½ years.

This is in addition to the existing 8 Border Checkposts already in operation at Agra -Mumbai, Indore - Ahmedabad, Shivpuri - Kota, Betul Nagpur, Indore Icchapur, Mhow - Neemuch, Jabalpur - Jaipur and Seoni - Nagpur for which Provisional Completion Certificate has been issued and in operation as of date.

IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.

Related IL&FS Transportation Networks Ltd. Links:

IL&FS Trans &Network Share Price

1.41 -0.07 (-4.73%) Jul 10, 17:37
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 932.20
NCC 33.50
KEC International 275.60
Rail Vikas Nigam 19.65
Sterling and Wilson 232.60
View more..
Sensex vs IL&FS Trans &Network
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback