IL&FS Engineering and Construction Company has received an arbitration award in favour of Joint Venture (JV) with Gayatri Projects for the Nagaland Road Project, for an amount of Rs 914.30 crore with future interest of 12% per annum till realisation, with concurrent release of Bank Guarantees which were extended from time to time.
IL&FS Engineering and Construction Company is one of the leading multi-national Infrastructure Development, Construction and Project Management companies with nearly three decades of rich and varied experience in executing landmark projects.
