 "IL&FS Engineering bags Rs 162.58 crore order from GAIL")
IL&FS Engineering and Construction Company on Wednesday said it has bagged Rs 162.58 crore order from GAIL for a pipeline in Bihar.
The engineering major "has received the Fax of Acceptance (FOA) from GAIL for laying and construction of pipeline along with associated facilities of section II pipeline from Chainage 159.70 km to Receiving Terminal Cum Future IP Station-4 at Dobhi (Chainage 345.08 km.) for Phulpur-Haldia Pipeline Project (Phase 1B) in Bihar", as per a BSE filing.
The total length of the pipeline is 185.38 km and the total value of the contract is Rs 162.58 crore. The project is to be mechanically completed in 15 months from date of FOA and with additional 3 months for drying, commissioning and GAS-IN.
IL&FS Engineering Services recently won a Rs 173.13 crore pipeline laying contract from GAIL for a section of Kochi-Koottanad-Bangalore-Mangalore Pipeline Project Phase-II in Kerala.
The company is also executing an EPC contract for Indian Strategic Petroleum Reserves (ISPRL), Ministry of Petroleum and Natural Gas, for laying of pipeline from Land Fall Point (LFP), Mangalore Port to Mangalore/Padur Cavern via Intermediate Valve Station (IVS) for storage of crude oil.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%