IL&FS Transportation Networks Limited announced that the company received a Letter of Acceptance dated January 19, 2018 from NHIDCL for Construction, Operation And Maintenance of 2-Lane Bi-Directional Zojila Tunnel with Parallel Escape (Egress) Tunnel on Srinagar-Leh Section (the Project) in the State of Jammu & Kashmir on EPC mode at a cost of INR 48,994.2 million. The construction period for the project is 2,555 days. The Project is implemented by Ministry of Road Transport & Highways ("MORTH") through National Highways & Infrastructure Development Corporation Limited ("NHIDCL").