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IL&FS Transportation Networks' subsidiary wins highway maintenance contract worth USD 1.75 mn

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Capital Market

In Dallas County, Texas, USA

IL&FS Transportation Networks announced that IIPL USA LLC, a wholly owned subsidiary of the Company has been declared as the preferred bidder for the maintenance of 4 project highways in Dallas County, Texas USA. The combined length of the highways to be maintained is 436 Miles (698 Km) for a period of 730 days at the total contract value of US$1.75Million (approx. Rs. 11.65 crores),

This is in continuation to the Routine Maintenance Contract awarded for Tyler District, Texas in the amount of US$5.25Million (approx. Rs. 35.00 Crores)

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First Published: Nov 11 2016 | 6:14 PM IST

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