IL&FS Transportation Networks wins contract from Ethiopian Roads Authority

For Rs 363 crore

IL&FS Transportation Networks announced that Elsamex SA, a wholly owned subsidiary of the Company in Spain has been awarded a contract by the Ethiopian Roads Authority for Construction of Ambo-Wolliso Road Upgrading Project for a total length of 62.7 Km to be executed in a period of 36 months.

The Project is funded by World Bank and the estimated total contract value is ETB 1,203,462,410.59 (approx. Rs. 363 crore).

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