IL&FS Transportation Networks’ subsidiary - Khed Sinnar Expressway, has signed concession agreement with National Highways Authority of India (NHAI) for Four Laning of Khed -Sinnar Section of NH-50 from Km 42.000 to Km 177.000 (Design Length - 137.946 Km) Under Phase IV B in the State of Maharashtra on DBFOT basis.
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 1,348.20 crores and the Company has quoted a grant of Rs 296.60 crores for Project
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.