IL&FS Engineering Services bags Rs 243 crore Karnataka road works

By: | Published: December 31, 2016 5:09 PM

IL&FS Engineering and Construction Company today announced bagging a Rs 242.5-crore road project in Karnataka.

Karnataka, IL&FS, Engineering, Construction, Ministry of Road Transport and Highways, Government of Karnataka, MoRTHIL&FS Engineering and Construction Company today announced bagging a Rs 242.5-crore road project in Karnataka. (Reuters)

IL&FS Engineering and Construction Company today announced bagging a Rs 242.5-crore road project in Karnataka.

“IL&FS Engineering and Construction Company Ltd (IL&FS Engineering Services) has received a Letter of Acceptance (LoA) for a road contract from the Ministry of Road Transport and Highways (MoRTH) through CE (NH) PWD, Government of Karnataka, for a total value of Rs 242.56 crore,” the company said in a filing to BSE.

The project involves widening of two or four lanes with paved shoulders on Bidar to Humnabad section of NH-50 in EPC mode in Karnataka with a completion period of 24 months, the statement said.

You may also like to watch:

IL&FS Engineering Services is executing a metro rail contract in Karnataka for Bangalore Metro Rail Corporation for a value of Rs 326.99 crore, it said.

IL&FS Engineering Services is one of the leading multi-national infrastructure development, construction and project management companies with nearly three decades of experience in executing landmark projects.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition