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IL&FS receives LoA from NHAI
PM News Bureau
Monday, February 13, 2012, 16:47 Hrs  [IST]

IL&FS Transportation Networks Ltd has received a Letter of Award from NHAI for four laning of Kiratpur-Ner- Chowk section of NH-21 from km 73.200 to km 186.500 in Himachal Pradesh on DBFOT basis under NHDP-Phase III. The toll project with a concession period of 28 years, including construction period of three years, is estimated to cost Rs1,819 crore.

Elsamex S.A., the company's subsidiary in Spain, has won the bid tendered by the Ministry of Civil Works, Transports & Communications, Government of Haiti, for rehabilitation works on 44.205 km of road on National Route-3 between Hinche and Saint Raphael. The European Union Development Fund is funding this project.

The period of completion of the project is 30 months. The contract value is €40.72 million (approximately Rs265 crore).
 
                 
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