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IL&FS Transportation Networks’ JV emerges Lowest Bidder for project worth Rs 371.22 crore

07 Dec 2016 Evaluate

IL&FS Transportation Networks’ (70:30) Joint Venture (JV) with PJSC Kyivmetrobud has emerged as the Lowest Bidder for the development of CMRL Project. The JV had quoted an amount of Rs 371.22 crore for the project to be completed in a period of 20 months.

Earlier, the JV had submitted bids with the Chennai Metro Rail (CMRL) on Item Rate basis for Design Validation and Construction of works of underground station (Excluding Station Diaphragm Walls) Associated Structures at Concourse, Platform Level, Entry/Exit, Ancillary Building, Pump house, Water Tanks, Ventilation Shafts, Plumbing and Earthmat etc., and Architectural Finishes, Signage’s etc.

IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis.



IL&FS Trans &Network Share Price

2.59 -0.04 (-1.52%)
20-Apr-2026 14:32 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4050.10
Rail Vikas Nigam 298.25
NCC 161.25
KEC International 560.00
Kalpataru Projects 1242.50
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