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IL&FS emerges as lowest bidder for Kerala road projects

Monday, 07 Apr 2014
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IL&FS Transportation Networks has emerged as the lowest bidder for the bids invited by Road Infrastructure Company Kerala (RICKL) for rehabilitation of state highways and major district road projects in Kerala.

 

The company has quoted the lowest bids for the following projects:

 

     
  • rehabilitation of state highways and major district roads -- Package-III (A), with a total length of 96.72 km under DBFMT on annuity basis. The estimated cost of the project is Rs 121.44 crore, along with a concession period of 15 years, including construction period of 730 days
 
  • rehabilitation of state highways and major district roads -- Package-III (B), with a total length of 97.54 km under DBFMT on annuity basis. The estimated cost of the project is Rs 168.16 crore, along with a concession period of 15 years, including construction period of 730 days

 

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