SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IL&FS Transportation Networks’ arm bags contract approximately Rs 175.65 crore

12 Dec 2012 Evaluate

IL&FS Transportation Networks’ wholly owned subsidiary in Spain - Elsamex S.A, a 50:50 consortium with ASCON Road Construction LLC, UAE had participated in the bid tendered by the Department of Transport, Government of Abu Dhabi, UAE for the performance based contract for the Maintenance of Abu Dhabi Al Ain Highway (E22) and Truck Road (E30/E40) the key strategic highway between Abu Dhabi and Al Ain.

The consortium has been awarded the aforesaid contract for maintenance of 512 Km of road sections with approx. 1,238 lane kilometers for a period of 2 years

The estimated total contract value is AED 118.4 Million (approximately Rs.175.65 crore) which includes share of Elsamex S.A. of AED 59.2 Million (approximately Rs.87.82 crores)

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.

IL&FS Trans &Network Share Price

2.56 -0.07 (-2.66%)
20-Apr-2026 14:48 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4057.95
Rail Vikas Nigam 298.00
NCC 160.80
KEC International 560.00
Kalpataru Projects 1243.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×