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IL&FS Engineering, Unitech Power JV bags LoA worth Rs 136.26 crore

20 Aug 2016 Evaluate

IL&FS Engineering and Construction Company in joint venture with Unitech Power Transmission have received a Letter of Acceptance (LoA) from Power Grid Corporation of India (PGCIL) for Supply Contract for Tower Package- TW05 for 765KV D/C Turnkey Transmission Line Project in Gujarat. The value of the contract is Rs 136.26 crore. The project completion period is 23 months from the date of issue of the LoA. This contract has been won under International competition bidding process (ICB) and project is funded under KWU loan.

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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