IL&FS Engineering & Construction bags Rs 582-cr proj in Maha

Image
Press Trust of India New Delhi
Last Updated : Dec 01 2017 | 11:35 AM IST
IL&FS Engineering and Construction Company today said it has bagged a Rs 582-crore road project from IL&FS Transportation Networks Limited in Maharashtra.
The company "has received a Letter of Acceptance (LoA) for a road contract from IL&FS Transportation Networks Limited (ITNL)", IL&FS Engineering and Construction Company said in a statement.
Total value of the contract is Rs 581.96 crore and completion period is 21 months, the company said.
The work involves four-laning of Amravati-Chikhli section of NH-6 in Maharashtra, it said.
The company further said it is currently working on Rs 5,012 crore worth road projects across India.
The company executes projects under various domains such as buildings and structures, roads, railways, irrigation, power, ports, and oil & gas.
Company shares rose by 4.91 per cent to Rs 51.25 on BSE in morning trade.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Dec 01 2017 | 11:35 AM IST

Next Story