IL&FS Transportation Networks JV with ILFSENGG wins road project

In State of Madhya Pradesh

A joint venture promoted by IL&FS Transportation Networks and IL&FS Engineering and Construction Company in the ratio 51:49 was declared Lowest Bidder for Package no. P-2 by the Madhya Pradesh Road Development Corporation ("MPRDC") for widening and reconstruction of Ganj-Rajnagar Road (MP-MDR-35-02), Laundi -Mahoba Road (MP-MDR- 35-11), Nawgong- Shrinagar Road (MP-MDR-35-04) & Baxwaha -Dalpatpur Road (MP-MDR-35-18) ('Project') funded by New Development Bank under Madhya Pradesh Major District Roads Upgradation Project (MPMDRUP). A Letter of Award dated 21 March 2017 has been issued by MPRDC to the Joint Venture for a contract amount of Rs 175.48 crore to be completed within 20 months.

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