The partnership would involve an investment of about Rs 251 crore under the PPP (public private partnership) mode.
IL&FS Transportation Networks documents filed in the BSE says, “The concession agreement was signed with the Roads & Building Department, Government of Gujarat, for development of 8 Railway Over Bridges (ROBs) in Gujarat under PPP mode on annuity basis through a subsidiary of the company,”
“The concession period of the project is 17.5 years, including construction period of 2.5 years,” further added.
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