IL&FS Engineering bags Rs 532-cr project from NMRC

Image
Press Trust of India Mumbai
Last Updated : Jul 27 2016 | 3:57 PM IST
IL&FS Engineering and Construction Company has bagged a Rs 532.67-crore contract from Nagpur Metro Rail Corporation (NMRC) to construct elevated metro stations.
The company has received a Letter of Acceptance (LoA) from NMRC, a joint venture of the Maharashtra government and the Centre, for constructing metro stations for the Nagpur metro project, a statement issued here said.
The project involves construction of seven elevated metro stations and three 'at-grade' stations -- Congress Nagar to Khapri and related works, it added.
As per the statement, the project is expected to be completed in 110 weeks from the date of issue of LoA.
IL&FS Engineering Services is presently executing four metro rail projects' contracts valued at Rs 1,100 crore in Bengaluru for Bengaluru Metro Rail Corporation, in Gurugram for Rapid Metro Rail Project, Phase-II (RMRG), in Kolkata for Rail Vikas Nigam (RVNL), and in Ahmedabad for Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company.
*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

More From This Section

First Published: Jul 27 2016 | 3:57 PM IST

Next Story