Business Standard

Monday, December 23, 2024 | 10:33 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

IL&FS bows out, govt to invite tenders for Zojila tunnel for the third time

14.2 km Length of the bi-directional single tube tunnel, which will be India's longest

Graph
Premium

Megha Manchanda New Delhi
The Union government is set to invite tenders for a third time for its ambitious Zojila tunnel project in Jammu and Kashmir as crisis-hit Infrastructure Leasing & Financial Services (IL&FS) has surrendered the Rs 6,809-crore contract it bagged in 2017. The National Highways and Infrastructure Development Corporation (NHIDCL), a wholly owned subsidiary of the road ministry, has begun work for rebidding the project, which is aimed at providing all-weather connectivity between Srinagar, Kargil and Leh. 

It is learnt that bids will be invited before the dates for the general election are announced. According to an official in the know, the decision

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in