IL&FS Transportation Networks Limited informs that the Independent Consultant has issued a Provisional Completion Certificate for the development of six laning of Ranchi Ring Road Section - VII in the State of Jharkhand implemented by Jharkhand Infrastructure Implementation Company Limited, a wholly owned subsidiary of the Company under the Jharkhand Accelerated Road Development Programme of the Government of Jharkhand. The length of the road is 23.575 km and was completed within the construction period of 2.5 years.

Under the Concession Agreement, the Government of Jharkhand is required to pay a semi-annual annuity of 55.822 Crores for a period of 15 years