The Mumbai Metropolitan Region Development Authority (MMRDA) has shortlisted 29 contractors for the three packages of the 22-km Mumbai Trans-Harbour Link (MTHL). The authority has shortlisted seven contractors each for the first two packages and 15 for the third package.
Tag: IL&FS Transportation Networks
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IL&FS Transport plans to raise Rs.750 crore through rights issue
IL&FS Transportation Networks has said it plans to raise Rs 750 crore via a rights issue to augment its long-term resources.
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Finance blues will change as macroeconomic conditions change: Experts
Lending to the infrastructure sector expanded at a decent pace of 37 per cent CAGR during FY03-13. Lending to infrastructure sector as a part of overall industrial bank credit rose to 32.7 per cent of in FY13 from 10.6 per cent of FY03. Over the past five years, lending to power sector grew by a faster clip of 34 per cent CAGR.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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IL&FS ties-up Rs 3,029 cr loans for road works
For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
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IL&FS, East Nippon E’way to take up projects jointly
To implement highways projects jointly under public private partnership (PPP) mode IL&FS Transportation Networks has got into a partnership with East Nippon Expressway Company. IL&FS Transportation Networks is a subsidiary of leading infrastructure developer IL&FS while Nippon Expressway Company (NEXCO East) is a Japanese expressway construction and operation firm.
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IL&FS arm signs pact for highway projects
In a communication to the stock exchange, IL&FS Transportation Networks said it signed Concession Agreements with the concerned authorities for the following projects: (i) Kiratpur Ner Chowk section of NH 21 of 90.175 km in Punjab and Himachal Pradesh. (ii) Beawar Gomti section of NH 8 of 88 km of the total 116 km (capacity augmentation) in Rajasthan. (iii) Sikar Bikaner section of NH 11 of 237.57 km in the Rajasthan
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NHAI, IL&FS ink deal on Rs 16.6 bn road project
National Highways Authority of India (NHAI) signed concession agreement with IL&FS Transportation for a Rs 1,665 crore road project in Jharkhand and West Bengal. The contract involves six-laning of Barwa-Adda-Panagarh section of national highway (NH 2) and it would be executed by Barwa-Adda Expressway, a subsidiary of IL&FS Transportation
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ILFS arm signs pact with NHAI
According to a filing with the stock exchange, IL&FS Transportation Networks signed a Concession Agreement with National Highways Authority of India (NHAI) for four laning of Khed - Sinnar Section of NH-50 under Phase IV B in Maharashtra. The firm would execute the project on DBF
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IL&FS arm in Spain bags 2 road contracts of Portugal govt
IL&FS Transportation Networks' Spain subsidiary has got two road maintenance contracts of the Estradas de Portugal, the Roads Development Company of the government of Portugal.
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