IL&FS Transportation Networks has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) on April 05, 2013 for the Barwa-Adda-Panagarh project. The company has emerged as the Lowest Bidder for the Six-Laning of Barwa-Adda-Panagarh Section of NH-2 from km 398.240 to km 521.120 including Panagarh Bypass in the States of Jharkhand and West Bengal under NHDP Phase V to be executed on DBFOT Basis issued by NHAI.
The project is on toll basis with a concession period of 20 years including construction period of 910 days. The estimated cost of the Project is Rs 1,665 crore. The company had quoted a premium of Rs 42 crore.
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.
| 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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