There are expectations that awarding of new projects in the road segment will further improve in the near term, good news for companies like IL&FS Transportation Networks (ITNL). Notably, it has the strong backing of its promoters, industry understanding, superior execution capabilities and an integrated business model. ITNL is India's leading road infrastructure player, with 24 projects covering 15,000 lane-km, expected by 2014 to increase to 36,000 km. Besides road projects, the company also has EPC orders of about `16,000 crore, almost nine times its 2010-11 estimated revenue and provides strong visibility.
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