IL&FS Transportation signs concession agreement with NHAI for 4-laning of Amravati-Chikhli highway

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IL&FS Transportation Networks Ltd has informed BSE that the Concession Agreement for development of 4-laning of Amravati-Chikhli (Package-I) section of NH-6 in the State of Maharashtra from Km. 166.000 to Km. 360.000 has been signed by Amravati Chikli Expressway Limited, a wholly owned subsidiary of the Company with National Highways Authority of India on Build Operate Transfer (BOT) basis ("the Project") on September 08, 2015.The Project is on Toll basis with a Concession Period of 19 years including Construction Period of 910 days and the estimated cost of the Project is Rs. 2,288.18 Crores. The Company had quoted a grant of Rs. 183.05 Crores for Project.Source : BSE

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