MoneyWorks4Me

IL&FS Engineering’s arm bags work order worth Rs 268 crore in Kingdom of Saudi Arabia

22 Apr 2014 Evaluate

IL&FS Engineering and Construction Company’s subsidiary - Maytas Infra Saudi Arabia Company (MISA), has received a Letter of Award (LoA) from Saudi Binladin Group for Road Drainage Works for King Abdul-Aziz International Airport Development Project-Phase1, Jeddah in Kingdom of Saudi Arabia (KSA). The total value of the contract is Saudi Riyals 166.89 million equivalent to approximately Rs 268 crore.

The scope of work involves construction of road drainage works including excavation, steel reinforcement, concrete works, erection, and backfilling.

IL&FS Engineering and Construction Company is engaged in infrastructure development, construction and project management. The company has undertaken projects in segments such as roads/ expressways/ highways, buildings and industrial structures, irrigation canals and dams and thermal and hydel power.

Peers
Company Name CMP
Larsen & Toubro 3850.00
Kalpataru Projects 1375.25
NCC 137.30
Rail Vikas Nigam 198.90
KEC International 406.80
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