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IL&FS Transportation Networks has said that its joint venture with IL&FS Engineering and Construction Company has received two road projects in Madhya Pradesh worth Rs 375.23 crore.
IL&FS Transportation Networks has said in a BSE filing that “The joint venture (JV) comprising of the company and IL&FS Engineering and Construction Company in the ratio 51:49 has submitted bids with the Madhya Pradesh Road Development Corporation Ltd..The JV has emerged as lowest bidder for the development of two projects.”
It further said that “The company has quoted Rs 213.52 crore project 1 and Rs 161.71 crore for project 2. The construction period for project 1 is 730 days and project 2 is 548 days.”
