Summary:
Will the IL&FS saga delay the Ahmedabad Metro rail work? Some senior officials of IL&FS Engineering met MEGA officials on Thursday and sought time citing the group’s situation. The Metro-Link Express for Gandhinagar and Ahme-dabad (MEGA), which is developing the Ahmedabad Metro Rail project, has issued a notice to the company, after work on the project was halted by the latter. “We have issued a notice to IL&FS Engineering. The Gujarat government recently announced that it would buy the 50% stake held by IL&FS in GIFT City to prevent delays in the project..