IL&FS seeks extension of bids for five road projects as current validity expires
The crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&FS) has sought extension of bid validity for its five road projects faced with debts over Rs10,000 crore, as the validity of its existing bid expired.
The five projects are: Chenani Nashri Tunnel project (CNTL), Pune Solapur Road Development (PSRDCL), Jorbat Shillong Expressway Ltd (JSEL), Hazaribagh Ranchi Expressway (HREL) and Jharkhand Infrastructure Implementation Company (JIICL).
