In the news
28 Jun 2013

Garbage may soon yield more revenue for city corporation

Come July 1, 70 per cent of the rubbish generated in the city would be converted into manure, the sale of which would also fetch some extra revenue for the civic body. This is consequent to the decision of the Mangalore City Corporation to award a private company the contract of operating and maintaining the compost plant and sanitary landfill site at Pachchanady from next month. The company is expected to install two more machines – one of them by July end – for precomposting segregation in addition to the existing 120 tonne capacity a day processing machine already in use. According to an agreement signed with the company on May 29 not more than 30 per cent of the waste generated a day should be dumped in the landfill site. The source said that the company had its own arrangements for marketing compost.

In the news
27 Jun 2013

IL&FS East Nippon Expressway to jointly work for PPP Projects

In the news
13 Jun 2013

IL&FS Transportation Networks receives clearance from Ministry of Environment & Forest for commencement of work

IL&FS Transportation Networks has signed the Concession Agreements with the concerned Authorities for the projects, (i) Kiratpur Ner Chowk section of NH 21 of 90.175 kms in the States of Punjab and Himachal Pradesh, (ii) Beawar Gomti section of NH 8 of 88 kms of the total 116 kms (Capacity augmentation) in the State of Rajasthan and (iii) Sikar Bikaner section of NH 11 of 237.57 kms in the State of Rajasthan. The commencement of work of the aforesaid projects was pending receipt of clearance from the Forest Department. The Forest Advisory Committee of the Ministry of Environment & Forest, Government of India at their meeting held on June 10, 2013 have provided clearance for commencement of work for all the aforesaid Projects. Shares of IL&FS Transportation Networks Ltd was last trading in BSE at Rs.175.40, up by Rs.5.85 or 3.45%. The stock hit an intraday high of Rs.177 and low of Rs.166.20. The total traded quantity was 13973 compared to 2 week average of 7152.

In the news
9 May 2013

IL&FS signs pact with NHAI for Rs.1,665 cr project in Jharkhand, West Bengal

In the news
30 Apr 2013

IL&FS Transportation gets provisional completion certificate for 2 border check posts

IL&FS Transportation Networks Ltd has informed BSE that, MP Border Checkpost Development Company Ltd, a subsidiary of the Company, which had been mandated the development of 24 Border Check Posts by the M. P. Road Development Corporation Ltd. has been issued a Provisional Completion Certificate to commercially operate 2 Border Check Posts, namely, at (i) Agra - Mumbai and (ii) Indore - Ahmedabad effective April 26, 2013. The Project is fee based with a Concession period of 12 1/2 years.

In the news
27 Apr 2013

ITNL raises about Rs 525 cr from Hong Kong Market by Yuan-denominated Bonds

ITNL Offshore Pte Ltd, a wholly-owned subsidiary of IL&FS Transportation Networks Limited (ITNL), successfully completed a foreign currency bond offering of 5.75% RMB 630 million (about Rs.525 crore and equivalent to US$ 100 million) due 2015. These bonds have been placed as part of a public offering marketed in the Hong Kong and Singapore markets This would also be the first Indian listing on the Hong Kong Stock Exchange

In the news
15 Apr 2013

ILandFS Trans gets provisional completion certificate for Hazaribagh-Ranchi section

IL&FS Transportation Networks Ltd has informed BSE that the Hazaribagh - Ranchi section of NH-33 from km 40.500 to 114.00 in the State of Jharkhand (“the Project”) being implemented by the subsidiary of the Company has been issued a Provisional Completion Certificate by the Competent Authority effective September 15, 2012.The Project has been commissioned 134 days ahead of Scheduled Project Completion Date i.e. January 27, 2013. The Company shall receive from NIIAI, a semi-annual annuity of Rs. 64.08 Crores for a period of 15.5 years effective September 15, 2012.In addition, the Company shall also receive a one-time Bonus Annuity of Rs. 47.70 Crores for early completion of the Project.

In the news
24 Mar 2013

Okhla earning Carbon Credits

In the news
6 Mar 2013

Okhla Composting Plant earns Rs.25 lac as carbon cerdits

The South Delhi Municipal Corporation’s composting plant in Okhla received Rs.25 lakh as carbon credits from the United Nations Framework Convention on Climate Change. The plant, which has been set up under a Public Private Partnership model with Infrastructure Leasing and Financial Services Limited, has processed two lakh tonnes of municipal solid waste into high compost through aerobic composting technology.

In the news
18 Nov 2011

IL&FS Grooms Rural Youth for the Service Industry

IL&FS Education and Technology Services Limited (IL&FS Education) have been engaged by the Community & Rural Development Department, Government of Meghalaya to impart skills to rural youth from BPL families and make them employable. Read the complete article at the following link.

Load more