India-based IL&FS Engineering and Construction Company has signed an agreement with the Ministry of Road Transport and Highways (MoRTH) for the implementation of an INIR675bn ($101M) road project in Bihar, India.
The scope of the project involves the rehabilitation and upgrade of the Birpur-Bihpur Section of the NH-106 in the state of Bihar, under Phase-I of the National Highways Development Project (NHDP).
The construction firm has received the letter of acceptance from MoRTH in December 2015, but the agreement was only signed in July 2016.
The project will be executed on an engineering, procurement and construction (EPC) basis and have a duration of 36 months. Work on the project will start immediately.
IL&FS Engineering Services is also working on the Patna Gaya Dobhi Section of the NH-83 in Bihar for the National Highways Authority of India (NHAI).
* Data provided by Timetric's Construction Intelligence Center.