Company working with Nagpur Metro goes bankrupt, contract cancelled

Nagpur | Wednesday | 12th December, 2018

Summary:

Nagpur: The construction company IL and FS (Infrastructure Leasing and Financial Services), working with Nagpur Metro Rail Project, has gone bankrupt. Taking serious view of the development, Maha Metro has cancelled the contract of the company. The Managing Director of Maha Metro Brujesh Dixit on Wednesday said that all the contracts signed with the company have been annulled. Now, the company’s works will be completed by Maha Metro itself with all its resources. The Infrastructure Leasing and Financial Services was given contract to construct 10 stations under Nagpur Metro Rail Project..