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ITNL to complete Chenani Nashri Tunnel project by May 2016

By Religare

IL&FS Transportation Networks Ltd has informed in a filing to BSE that the breakthrough ceremony of the 9 kilometer long main tunnel at the Chenani Nashri Tunnel (the project) in the state of Jammu & Kashmir is scheduled on July 13, 2015.

The Company had undertaken the construction of the Project in August 2011.

IL&FS Transportation Networks Ltd (ITNL) further said that the construction of the nine kilometer long Chenani Nashri Tunnel project in Jammu & Kashmir is expected to be completed by May next year.


The two-lane tunnel, connecting Chenani with Nashri in Ramban area, will reduce the 31-km of the journey and reduce the travel time by two hours.

Meanwhile, shares of the company were trading at Rs 143.30 a piece, up 0.10 per cent from the previous close at 11:22 hours on BSE.

Story first published: Friday, June 12, 2015, 12:30 [IST]
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