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| Exchange Disseminated Time 09/09/2015 09:48:43 | IL&FS Transportation Networks Ltd has informed BSE that the Concession Agreement for development of 4-laning of Fagne - Gujarat/Maharashtra Border (Package-III) section of NH-6 in the State of Maharashtra from km. 510.000 to km. 650.794 has been signed by Fagne Songadh Expressway Limited, a wholly owned subsidiary of the Company with National Highways Authority of India on Build Operate Transfer basis (BOT) on September 08, 2015.
The Project is on Toll basis with a Concession Period of 19 years including Construction Period of 910 days and the estimated cost of the Project is Rs. 1,885.74 Crores. The Company had quoted a grant of Rs. 245.14 Crores for the Project. |
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