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IL&FS Transportation Networks commences commercial operations of a road project

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Capital Market

In Maharashtra

IL&FS Transportation Networks announced that the four laning of Warora Chandrapur Ballarpur Bamni Road Project in the State of Maharashtra which was awarded to the consortium of Vishwaraj Infrastructure, Diva Media and the Company has commenced Commercial Operations from 26 December 2014.

The Project is on toll basis with a concession period of 30 years (including 3 years of construction period). The Company has equity stake of 35% in the Project.

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First Published: Dec 29 2014 | 10:37 AM IST

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