{"id":310466,"date":"2020-01-15T11:21:39","date_gmt":"2020-01-15T05:51:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310466"},"modified":"2020-01-15T11:31:50","modified_gmt":"2020-01-15T06:01:50","slug":"nhai-settles-nh-21-project-with-ilfs-for-rs-672-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-settles-nh-21-project-with-ilfs-for-rs-672-crore\/","title":{"rendered":"NHAI settles NH-21 project with IL&amp;FS for Rs 672 crore"},"content":{"rendered":"<p>New Delhi: The National Highways Authority of India (NHAI) has settled a road project with Infrastructure Leasing &amp; Financial Services (IL&amp;FS) at Rs 672 crore, one of the first as the debt-laden group moves to resolve stuck projects through conciliation. <\/p>\n<p>\u201cThe first of the IL&amp;FS settlements has been finalised,\u201d a government official told ET. \u201cThis (the Kiratpur-Nerchowk Expressway) is a significant one. There are three to four more small projects that will be resolved soon,\u201d said the official, asking not to be identified. IL&amp;FS was entrusted with four-laning the section of NH-21in Punjab and Himachal Pradesh, to be executed as buildoperate-transfer, or BOT (toll), on DBFO pattern under NHDP Phase-III, as per the website of IL&amp;FS Transportation Network (ITNL). \u201cWe have resolved one project of IL&amp;FS through the conciliation process,\u201d said a second official.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The National Highways Authority of India (NHAI) has settled a road project with Infrastructure Leasing &amp; Financial Services (IL&amp;FS) at Rs 672 crore, one of the first as the debt-laden group moves to resolve stuck projects through conciliation. \u201cThe first of the IL&amp;FS settlements has been finalised,\u201d a government official told ET. \u201cThis (the Kiratpur-Nerchowk Expressway) is a significant one. There are three to four more small projects that will be resolved soon,\u201d said the official, asking not to be identified. IL&amp;FS was entrusted with four-laning the section of NH-21in Punjab and Himachal Pradesh, to be executed as [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-310466","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310466","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=310466"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310466\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}