The National Highways and Infrastructure Development Corporation (NHIDCL) has terminated the contract for Zojila Tunnel project awarded to IL&FS Transportation Networks effective from 15 January 2019.
The project involves construction, operation and maintenance of two-lane bi-directional Zojila Tunnel with Parallel Escape (Egress) Tunnel excluding approaches on Srinagar-Leh section connecting NH-1A at 95.00 km and at 118.00 km in Jammu and Kashmir on engineering, procurement and construction (EPC) mode.
On 19 January 2018, IL&FS Transportation Networks had bagged the contract for project at a cost of Rs 4,899.42 crore with construction period fixed at 2,555 days.