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IL&FS Transportation receives LoA for project worth Rs 2,288.18 crore

27 Jul 2015 Evaluate

IL&FS Transportation Networks has received a Letter of Acceptance (LoA) dated July 24, 2015 from National Highways Authority of India (NHAI) for ‘4-laning of Amravati-Chikhli (Package-I) section of NH-6 in the state of Maharashtra from Km. 166.000 to Km. 360.000 on BOT (TOLL) basis on DBFOT pattern under NHDP Phase-IV’ (the Project). The Company had quoted a grant of Rs 183.05 Crore for Project. The concession period for the Project will be 19 years including construction period of 910 days and the estimated cost of the Project is Rs 2,288.18 crore.

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.

Peers
Company Name CMP
Larsen & Toubro 3654.10
Kalpataru Projects 1344.15
NCC 127.60
Rail Vikas Nigam 194.50
KEC International 343.35
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