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Govt likely to facilitate sale of IL&FS assets to PSUs, says report

Updated : September 24, 2018 01:11 PM IST

The government is willing to help out IL&FS as it is considering the impacts of the company going bankrupt which is undertaking big infrastructure projects such as the Rs 6,800 crore Zoji La Tunnel in Jammu & Kashmir.
IL&FS claims that the National Highway Authority of India (NHAI) owes Rs 16,000 crore by concession-granting authorities which would help the company solve its liquidity problem, the report said, adding that, the government maintains that dues are much lower.
Govt likely to facilitate sale of IL&FS assets to PSUs, says report

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