ITNL will commission six highways next fiscal despite delays

IL&FS Transportation Networks (ITNL) will commission six of its highway projects on schedule in 2011-12 despite the procedural delays. Among the projects ITNL plans to bring on-stream next fiscal are national highway stretches in Ranchi-Hazaribagh, Pune-Sholapur and Moradabad-Bareilly, totalling a cost of Rs 4,255 crore and a distance of 1,412 lane km. The other three projects are Phase-II of its Thiruvananthapuram city roads project, Phase-I of Jharkhand Road Development and one in Spain. ITNL is India's biggest highway developer with a portfolio of 22 projects with a total length of over 12,000 km. ITNL has 10 operational roads.Contact: IL&FS Transportation Networks.Tel.: 022-2659-3814.Fax: 022-2653-3295.