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IL&FS Engineering bags road contract worth Rs 242.56 crore in Karnataka

31 Dec 2016 Evaluate

IL&FS Engineering and Construction Company has received a Letter of Acceptance (LoA) for a road contract from Ministry of Road Transport & Highways (MoRTH) through CE (NH) PWD, Government of Karnataka for a total value of Rs 242.56 crore.

The project involves widening of two/four lane with paved shoulders from Km 54.37 to Km 101.400 (Bidar to Humnabad) Section of NH-50 on an EPC mode in the state of Karnataka with a completion period of 24 months. The company is currently executing a metro rail contract in Karnataka for Bangalore Metro Rail Corporation for a value of Rs 326.99 crore.

IL&FS Engineering and Construction Company is one of the leading multi-national Infrastructure Development, Construction and Project Management companies with nearly three decades of rich and varied experience in executing landmark projects.


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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