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IL&FS Engineering’s SPV receives Rs 492 crore in claim settlement with NHAI

29 Nov 2019 Evaluate

IL&FS Engineering and Construction Company’s SPV -- Bangalore Elevated Tollway (BETPL) has been awarded an amount of Rs 492 crore towards Claim filed by the company against National Highways Authority of India (NHAI). The company has 24% stake in BETPL and is entitled to around Rs 118 crore from the total claim awarded by the tribunal.

BETPL is a Special Purpose Vehicle (SPV) promoted for the development of four-lane elevated and six-lane AT GRADE road from Silk Board Junction to Attibele in the city of Bangalore in the state of Karnataka.

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.

IL&FS Engg. & Const. Share Price

28.00 0.13 (0.47%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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