For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
In a filing to the Bombay Stock Exchange, the company said that it was issued a Letter of Award by the National Highways Authority of India (NHAI) for development and operation of six-laning of Barwa Adda Panagarh Section of NH-2 in Jharkhand and West Bengal.