Financial Daily from THE HINDU group of publications
Tuesday, Feb 15, 2005
Financial Daily from THE HINDU group of publications Tuesday, Feb 15, 2005 |
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Logistics
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Roadways IL&FS ties up with Rajasthan for road project Our Bureau
Chennai , Feb. 14 THE Rajasthan Government has tied up with IL&FS to implement a comprehensive road development programme in the State. The two have incorporated a company called Road Infrastructure Development Company of Rajasthan (RIDCOR) as a 50:50 venture, according to a release. The company has an authorised capital of Rs 50 crore and initial paid-up capital of Rs 10 crore. The Rajasthan Government has conceptualised a comprehensive mega highways project envisaging improvement of four important North-South road corridors for a total length of 1,200 km.
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