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IL&FS Engineering bags pipeline laying contract worth Rs 123.05 crore

16 Feb 2017 Evaluate

IL&FS Engineering and Construction Company has received Fax of Acceptance (FOA) from Gas Authority of India (GAIL) for two pipeline laying contracts worth Rs 123.05 crore (plus Service Tax) in Kerala / Karnataka. Both the spreads are contiguous and are part of Kochi-Koottanad-Mangalore pipeline project. 

The company is already executing a part of this Kochi-Koottanad-Mangalore pipeline project for GAIL worth Rs 173.13 crore in Kerala. Recently, the company has bagged another pipeline laying contract from GAIL worth Rs 162.58 crores in Bihar state.

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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