The National Highways Authority of India's (NHAI) project of four-laning of Khed-Sinnar Section of NH-50 has been bagged by the IL&FS Transportation Networks. The stretch is in Maharashtra. The project work is from Km 42.000 to Km 177.000 (Design Length - 137.946 km) under the Phase IV B in Maharashtra on DBFOT basis.
The NHAI project is on toll basis with a concession period of 20 years including construction period of 910 days. The estimated cost of the road project is Rs 1,348.20 crore and the company has quoted a grant of Rs 296.60 crore for project.