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IL&FS Transportation Networks updates on 24 border checkpost project of MP Road Development Corp.

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Capital Market

Secures provisional completion certificate for Rewa -Mirzapur border checkpost

IL&FS Transportation Networks announced that MP Border Checkpost Development Company, a subsidiary of the Company, which had been mandated the development of 24 Border Checkposts by the MP Road Development Corporation has been issued Provisional Completion Certificate to commercially operate one more checkpost namely, Rewa -Mirzapur Border Checkpost.

This is in addition to the existing 2 Central Control Facility (CCF Gwalior and CCF Indore) and 17 Border Checkposts already in operation at (1) Agra-Mumbai, (2) Indore-Ahmedabad, (3) Shivpuri-Kota (4) Betul-Nagpur, (5) Indore-Icchapur, (6) Mhow-Neemuch, (7) Jabalpur-Jaipur, (8) Seoni-Nagpur, (9) Chindwara-Nagpur, (10) Kabir-chabutra. (11) Sagar-Kanpur, (12) Ujjain-Jhalawar, (13) Sendhwa-Khetiya and (14) Venkatnagar, (15) Naugaon-Jhansi, (16) Sagar - Lalitpur & (17) Balaghat - Gondia for which Provisional Completion Certificate has already been issued and under commercial operations as of date.

 

The Project is fee based with a Concession period of 12 years

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First Published: Dec 31 2015 | 5:22 PM IST

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