IL&FS bags Rs 533 crore Nagpur Metro Rail contract

Project for construction of 7 elevated metro stations, three At-grade stations, is to be completed in 110 weeks from date of LoA

IL&FS Engineering and Construction Services Company Limited has received a letter of acceptance (LoA) from Nagpur Metro Rail Corporation Limited, a joint venture of Government of India and Maharashtra government for Rs 532.67 crore.

The project involves construction of seven elevated metro stations, and three At-grade stations.

The project is to be completed in 110 weeks from the date of issue of LoA.

The company is currently executing four metro rail projects worth around Rs 1,100 crore in Bangalore, Gurgaon, Kolkata and Ahmedabad.

In the past IL&FS Engineering Services has executed phase one of Gurgaon Rapid Metro Rail Project involving the construction of elevated viaduct including six elevated station buildings.