IL&FS Transportation Networks’ subsidiary - Jharkhand Road Project Implementation Company has implemented two projects viz. Ranch Ring Road and Ranchi-Patratu Dam Road under the Jharkhand Accelerated Road Development Programme of the Government of Jharkhand.
Both the projects have been issued a provisional completion certificates by the Competent Authority effective from September 21, 2012 and October 12, 2012 respectively. The said projects were completed in a stipulated time.
The Government of Jharkhand will pay a semi-annual annuity of Rs 58.91 crore for Ranchi Ring Road and Rs 25.07 crore for Ranchi Patratu Dam Road for a period of 15 years.
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.
