{"id":16686,"date":"2015-05-26T11:35:35","date_gmt":"2015-05-26T11:35:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=16686"},"modified":"2015-05-26T11:35:35","modified_gmt":"2015-05-26T11:35:35","slug":"ilfs-transport-lowest-bidder-for-rs-315-cr-road-projects-in-mp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-transport-lowest-bidder-for-rs-315-cr-road-projects-in-mp\/","title":{"rendered":"IL&#038;FS Transport lowest bidder for Rs 315-cr road projects in MP"},"content":{"rendered":"<p>New Delhi : IL&#038;FS Transportation Networks today said that it has emerged as the lowest bidder for two road projects worth Rs 315 crore offered by the Madhya Pradesh government.<\/p>\n<p>&#8220;The company along with its wholly-owned subsidiary, Elsamex SA was declared as the lowest bidder in the bids submitted to Madhya Pradesh Road Development Corporation Ltd for upgradation of two road projects,&#8221; it said in a filing to the BSE.<\/p>\n<p>&#8220;The upgradation cost of the projects is Rs 315 crore,&#8221; ILFS Transportation said.<\/p>\n<p>The Authority will additionally pay a sum of Rs 13.06 crore towards maintenance of the projects over a period of 5 years, it added.<\/p>\n<p>The projects have been undertaken by the Madhya Pradesh government under a loan secured from the Asian Development Bank.<\/p>\n<p>Shares of IL&#038;FS Transportation Network were trading at Rs 160.40 at 1350 hrs, up 1.42 per cent from previous close on BSE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi : IL&#038;FS Transportation Networks today said that it has emerged as the lowest bidder for two road projects worth Rs 315 crore offered by the Madhya Pradesh government. &#8220;The company along with its wholly-owned subsidiary, Elsamex SA was declared as the lowest bidder in the bids submitted to Madhya Pradesh Road Development Corporation Ltd for upgradation of two road projects,&#8221; it said in a filing to the BSE. &#8220;The upgradation cost of the projects is Rs 315 crore,&#8221; ILFS Transportation said. The Authority will additionally pay a sum of Rs 13.06 crore towards maintenance of the projects over [&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-16686","post","type-post","status-publish","format-standard","hentry","category-roads"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/16686","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=16686"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/16686\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=16686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=16686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=16686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}