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IL&FS Transportation Networks informs about update on Bid submitted to NHAI

25 Jun 2015 Evaluate

IL&FS Transportation Networks has informed that the Company had submitted a Bid with the National Highways Authority of India (NHAI) for 4-laning of Fagne - Gujarat/Maharashtra Border (Package-Ill) section of NH-6 in the State of Maharashtra from km 510.000 to km 650.794 on BOT (TOLL) basis on DBFOT pattern under NHDP Phase-IV (the Project). The concession for the Project will be 19 years including construction period of 910 days and the estimated cost of the Project is Rs 1885.74 Crores. Further the Company informed that the Company has emerged as the Lowest Bidder for the aforesaid Project. The Company had quoted a grant of Rs 245.14 Crores for Project.

The above information is a part of company’s filings submitted to BSE.

 

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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