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IL&FS Transportation completes two RIDCOR road projects
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Tuesday, 20 Dec 2011
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IL&FS Transportation Networks has announced that two roads namely, (i) Alwar to Bhiwadi (340 lane kms) and (ii) Hanumangarh to Sangaria (44 lane kms) have been completed.

The work on these projects have been completed 10 months ahead of schedule completion date and the toll collection has commenced since December 15th 2011

The government of Rajasthan had entrusted 5 road stretches under the Mega Highways Phase I project aggregating to 2100 lane kms to Rajasthan Infrastructure Development Company of Rajasthan (RIDCOR), in which the company has 50% beneficial interest.

Considering the performance of RIDCOR, Government of Rajasthan had further entrusted seven additional project roads aggregating to 715 lane kms.

(Sourced from IRIS.com)

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