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| Exchange Disseminated Time 09/09/2015 09:53:08 | IL&FS Transportation Networks Ltd has informed BSE that the Concession Agreement for development of 4-laning of Amravati-Chikhli (Package-I) section of NH-6 in the State of Maharashtra from Km. 166.000 to Km. 360.000 has been signed by Amravati Chikli Expressway Limited, a wholly owned subsidiary of the Company with National Highways Authority of India on Build Operate Transfer (BOT) basis ("the Project") 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. 2,288.18 Crores. The Company had quoted a grant of Rs. 183.05 Crores for Project. |
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