IL&FS Transportation Networks has received a letter of acceptance (LoA) dated 19 January 2018 from National Highways and Infrastructure Development Corporation (NHIDCL) for construction of a road project.
The scope of work includes construction, operation and maintenance of two lane bi-directional Zojila tunnel with parallel escape (egress) tunnel on Srinagar-Leh section in Jammu and Kashmir, on engineering, procurement and construction (EPC) mode at the cost of Rs 4,899.42 crore.
The construction period for the project is 2,555 days.