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IL&FS Transportation Networks’ arm bags contract worth Rs 427 crore

29 Nov 2013 Evaluate

IL&FS Transportation Networks’ a wholly owned subsidiary in Spain - Elsamex SA, has been awarded the contract by State Road Agency of Ukraine for rehabilitation and improvement of the road stretch from M06 Highway Kyiv to Chop Contract Km 434+230-Km 621+500 to the defined standards and for executing the routine and periodic maintenance of the same over a period of seven years

The estimated total contract value is Euro 50.5 Million (approximately Rs 427 crore) which is being financed by the European Bank for Reconstruction and Development.

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

2.63 0.08 (3.14%)
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