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MoneyWorks4Me

IL&FS Engineering, Unitech Power JV bags LoA worth Rs 153.99 crore from PGCIL

26 Mar 2016 Evaluate

IL&FS Engineering and Construction Company and Unitech Power Transmission Joint Venture (JV) has received letter of award for Rs 153.99 crore turnkey works of 765 kV transmission line in Gujarat from Power Grid Corporation of India (PGCIL).

The scope of work includes supply contract for tower package for 765 kV Bhuj-Banaskanta Transmission Line associated with green energy corridor. The project completion period is 24 months from the date of issue of the LoA.

The contract has been won under international competitive bidding process and the project is funded by the KFW Bank.

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.

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