Secures provisional completion certificate for commercial operation
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, Sagar Kanpur (S-9) Border Checkpost with effect from 18 February 2015.This is in addition to the existing 2 Central Control Facility (CCF Gwalior and CCF Indore) and 10 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 for which Provisional Completion Certificate has been issued and in operation as of date.
The Project is fee based with a Concession period of 12 years.
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