IL&FS Transportation Networks Ltd
In a recent exchange filing, IL&FS Transportation Networks Ltd (ITNL) has disclosed that its special purpose vehicle (SPV) – Shrinagar Sonmarg Tunnelway Ltd – has tied up a loan of Rs 2,363 crore with the ICICI bank. In the SPV, Soma Enterprises Ltd and ITNL are 51:49 equity partners. ITNL said in the exchange filing [...] Continue Reading »
In South Kerala Infrastructure developer IL&FS Transportation Networks Ltd has emerged as the lowest bidder for road contracts worth Rs 289.60 crore. The company had submitted bids for rehabilitation of state highways and major district roads with the Road Infrastructure Company Kerala Ltd (RICKL). The projects comprise rehabilitation of 96.72 km length roads under Package [...] Continue Reading »
