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IL&FS Transportation Networks AP road project commences commercial operations

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Capital Market
Last Updated : Mar 15 2014 | 12:00 AM IST

With effect from 11 March 2014

IL&FS Transportation Networks has announced that commercial operations (tolling activities) have commenced effective 11 March 2014 at the Four Laning of Narketpally - Addanki - Medarametla Road (SH-2) in the State of Andhra Pradesh awarded to the joint venture of Ramky Infrastructure and the company in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation.

The project is on toll basis with a concession period of 24 years (including 2 years of construction period).

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First Published: Mar 14 2014 | 11:58 AM IST

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