{"id":112331,"date":"2017-05-11T11:20:01","date_gmt":"2017-05-11T11:20:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=112331"},"modified":"2017-05-11T11:20:01","modified_gmt":"2017-05-11T11:20:01","slug":"ilfs-led-consortium-wins-165-mn-road-contract-in-laos","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-led-consortium-wins-165-mn-road-contract-in-laos\/","title":{"rendered":"IL&#038;FS-led consortium wins $165 mn road contract in Laos"},"content":{"rendered":"<p>IL&#038;FS Transportation today said a consortium led by its Singapore arm has won USD 165 million (Rs 1,100 crore) contract for a road project in Laos. <\/p>\n<p>&#8220;IIPL Laos Pte Ltd, Singapore, a wholly owned subsidiary of the company, has entered into a contract for rehabilitation and development works of the National Road No 1 with a length of 165 km&#8230;In the People&#8217;s Democratic Republic of Laos,&#8221; IL&#038;FS Transportation said in a filing to the BSE.   <\/p>\n<p>The project also includes construction of 33 bridges. <\/p>\n<p>The contract has been awarded to a consortium in which IIPL Laos Pte Ltd is the lead manager having 90 per cent stake. <\/p>\n<p>&#8220;The consortium period of the project is 42 months at an estimated cost equivalent to USD 165 million,&#8221; it said in the filing. <\/p>\n<p>The payment for the contract is committed from the government of Laos and is payable based on milestones over a period of 7 years; 60 per cent is payable during the construction period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IL&#038;FS Transportation today said a consortium led by its Singapore arm has won USD 165 million (Rs 1,100 crore) contract for a road project in Laos. &#8220;IIPL Laos Pte Ltd, Singapore, a wholly owned subsidiary of the company, has entered into a contract for rehabilitation and development works of the National Road No 1 with a length of 165 km&#8230;In the People&#8217;s Democratic Republic of Laos,&#8221; IL&#038;FS Transportation said in a filing to the BSE. The project also includes construction of 33 bridges. The contract has been awarded to a consortium in which IIPL Laos Pte Ltd is the lead [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[230],"tags":[],"class_list":["post-112331","post","type-post","status-publish","format-standard","hentry","category-roads"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/112331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=112331"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/112331\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=112331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=112331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=112331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}