IL&FS Transportation Networks has informed the BSE that the Independent Consultant on Tuesday issued a provisional completion certificate with effect from April 30 for the improvement works on Patratu Dam Ramgarh Road implemented by the Jharkhand Road Project Implementation Company Limited, a subsidiary of the company.
The length of the road is 27.118 kilometer (km). It was completed two months ahead of the extended scheduled project completion date.
The Jharkhand Government will pay a semi-annual annuity of INR 31.05 crore for a period of 15 years. The company's shares slipped 3.4% at INR 240.35 on the BSE.