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IL&FS Transportation Networks JV emerges Lowest Bidder for two road projects

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Capital Market

In state of Madhya Pradesh

IL&FS Transportation Networks announced that the joint venture of the Company and IL&FS Engineering and Construction Co in the ratio of 51:49, has emerged as the Lowest Bidder for the development of two road projects of Madhya Pradesh Road Development Corporation under Madhya Pradesh District Road II Sector Project. The Company had quoted an amount of Rs 213.52 crore for Project I and Rs 161.71 crore for Project 2 respectively.

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First Published: Nov 17 2016 | 10:41 AM IST

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