IL&FS Engineering bags Rs 123 cr orders from GAIL
IL&FS Engineering and Construction Company today said it has bagged two pipeline laying contracts worth Rs 123.05 crore from Gas Authority Ltd (GAIL).
"IL&FS Engineering and Construction Company has received Fax of Acceptance (FOA) from Gas Authority Ltd for two pipeline laying contracts worth Rs 123.05 crore in Kerala/Karnataka," the company said in a BSE filing.
Both the orders are part of Kochi-Koottanad-Mangalore pipeline project.
IL&FS Engineering Services added that it is already executing a part of this Kochi-Koottanad-Mangalore pipeline project for GAIL worth Rs 173.13 crore in Kerala.
Shares of IL&FS Engineering and Construction Company were trading 4.90 per cent higher at Rs 54.55 on BSE.
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First Published: Feb 16 2017 | 12:02 PM IST