From MP Road Development Corporation
IL&FS Transportation Networks announced that MP Border Checkpost Development Company, a subsidiary of the Company, which had been mandated the development of 24 Border Checkposts by the MP Road Development Corporation has been issued Provisional Completion Certificate to commercially operate one more checkpsot namely, Sagar Lalitpur Border Checkpost with effect from 20 July 2015.This is in addition to the existing 2 Central Control Facility (CCF Gwalior and CCF Indore) and 15 Border Checkposts already in operation at (1) Agra-Mumbai, (2) Indore-Ahmedabad, (3) Shivpuri-Kota (4) Betul-Nagpur, (5) Indore-Icchapur, (6) Mhow-Neemuch, (7) Jabalpur-Jaipur, (8) Seoni-Nagpur, (9) Chindwara-Nagpur, (10) Kabir-chabutra, (11) Sagar-Kanpur, (12)Ujjain-Jhalawar, (13) Sendhwa-Khetiya and (14) Venkatnagar & (15) Naugaon-Jhansi for which Provisional Completion Certificate has already been issued and under commercial operations as of date.
The Project is fee based with a Concession period of 12 1/2 years.
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