IL&FS bags NH-60 BOT project
Date
March 08, 2012
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After emerging as the lowest bidder for the Four Laning of Kiratpur to Ner-Chowk Section of NH-21 ILFS Transportation Networks today said it has emerged as the lowest bidder for a National Highways Authority of India's (NHAI) project in West Bengal and Odisha.
The project is for construction of new bridges, structures and repair of the National Highway (NH-60) stretch between West Bengal and Odisha.
The company added the project is on a toll basis with a concession period of 24 years, including construction period of 2.5 years, and the estimated cost of the Project is Rs 471.05 crore ($93 million).
Besides, the project also involves operations and maintenance of the existing four lane highway under National Highways Development Programme (NHDP) phase-I from Kharagpur in West Bengal to Baleshwar in Odisha, it said.
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