IL&FS Transportation - Provisional Completion Certificate issued to Concession Awarded for Four Laning of Jorabat-Shillong (B

January 29, 2016 - 12:13:00 PM

IL&FS Transportation Networks Ltd has informed BSE that the Four Laning of Jorabat - Shillong (Barapani) Section of NH-40 from Km 0.000 to Km 61.800 in the State of Assam & Meghalaya on Design. Build, Finance, Operate and Transfer (DBFOT) pattern under Special Accelerated Road Development Programme - North East (SARDP - NE) ("the Project") awarded to Jorabat Shillong Expressway Limited (JSEL), a Joint Venture of Ramky Infrastructure Limited and the Company in the ratio of 50:50 by the National Highways Authority of India has been issued a Provisional Completion Certificate effective January 28, 2016.

JSEL will receive a semi-annual annuity of Rs. 72.51 Crores for a period of 17 years.

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