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IL&FS Transportation Networks emerges as lowest bidder for a NHAI project

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Capital Market

On Amravati-Chikhli section in Maharashtra

IL&FS Transportation Networks announced that the Company has emerged as the lowest bidder for a Bid with the National Highways Authority of India (NHAI) for 4-laning of Amravati-Chikhli (Package-I) section of NH-6 in the state of Maharashtra from Km. 166.000 to Km. 360.000 on BOT (TOLL) basis on DBFOT pattern under NHDP Phase-IV (the Project). The concession for the Project will be 19 years including construction period of 910 days and the estimated cost of the Project is Rs. 2288.18 crore.

The Company had quoted a grant of Rs. 183.05 crore for Project.

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First Published: Jun 25 2015 | 2:33 PM IST

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