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Sunday , 22 May 2022

Tag Archives: IL&FS

IL&FS gets major contract

IL&FS Transportation Networks recently got a contract from the National Highways Authority of India (NHAI) to widen a 123km stretch of the national highway NH2. The project, to convert the stretch into a six-lane road, will be executed under the National Highways Development Project (NHDP) Phase V on a design, build, finance, operate and transfer (DBOFT) basis. It will be ...

IL&FS bags major expressway contract

IL&FS has secured a ?. 14.36 billion contract from the National Highways Authority of India for the construction of a four-lane stretch on the Kiratpur Ner Chowk Section of National Highway 21 (NH-21) in the states of Punjab and Himachal Pradesh. The project, to be completed on EPC (Engineering, Procurement and Construction) basis, will reduce travel time and cost of ...

IL&FS and LIC launch Rs.5300 crore infra fund

IL&FS Financial Services and Life Insurance Corporation of India (LIC) have launched a ? 5300 crore fund to invest in road, ports and power projects. The fund which has been cleared by the Securities and Exchange Board of India (SEBI) will raise funds from domestic and foreign investors. LIC is likely to hold a stake of up to 30% in ...

IL&FS gets Gurgaon Rapid Metro contract

Rapid MetroRail Gurgaon Limited has awarded a Rs. 2100 crore contract to a consortium of IL&FS Transportation Networks Ltd and its subsidiary IL&FS Rail Ltd for extending the Rapid Metro Rail of Gurgaon by 6.5km towards the southern parts of the city. The extension will have 6 metro stations which will be covered in about 18 minutes. The project which ...