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IL&FS Engineering Services receives final settlement from NHAI for two road projects

Tuesday, 11 Jun 2019
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IL&FS Engineering and Construction Company (IL&FS Engineering Services) has entered into a settlement agreement with the National Highways Authority of India (NHAI) against the arbitration award for two road projects through conciliation.

These include widening and strengthening of the existing national highway from two- lane to four-lane from 36.00 km to 5.50 km of Daboka to Nagaon section of NH-36 in Assam on East-West Corridor under Phase-II Programme of NHDP contract package no EW-II (AS-17). The claim amount received is Rs 41.82 crore.

Widening and strengthening of the existing NH from two-lane to four-lane from 230.50 km to 205.00 km of Dharamtul to Sonapur section of NH-37 in Assam on East-West Corridor under Phase-II Programme of NHDP contract package no EW-II (AS-19). The claim amount received is Rs 108.33 crore.

 
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