IL&FS Transportation - Intimation of Letter of Award for Design, Improvement/Management Works and Maintenance of Nekemte-Bure

March 01, 2016 - 10:27:00 AM

IL&FS Transportation Networks Ltd has informed BSE that the Company in Joint Venture with Elsamex SA, a wholly owned subsidiary of the Company in Spain had submitted the bid to the Ethiopian Roads Authority, Federal Republic of Ethiopia for Design, Improvement Works and Management and Maintenance Services of (i) Nekempte - Anger Gutin-Andhode Road Section (86.10 km) and (ii) Agamsa-Bure Road Section (84.56 km) on an Output and Performance Based Road Contract (OPRC).

Further the Director General, Ethiopian Roads Authority has awarded the aforesaid projects for development by the Joint Venture for a period of 8 years.

The Project is funded by the World Bank and the estimated total contract value is US$ 223.0 Million (approx. Rs. 1524.76 Crores).

CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at

  • Download our Mobile App
  • Available on Google Play
  • Available on App Store
  • RSS

Number of clients' complaint

At the beginning of the month Received during the month Resolved during the month Pending at the end of the month Reasons for pendency