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IL&FS Engineering & Construction company has informed that the Joint Venture comprising IL&FS Engineering and Construction Company (IL&FS Engineering Services) and IL&FS Transportation Networks in the ratio of 49:51 (Joint Venture) has received LOA for Package No. P-2 from Madhya Pradesh Road Development Corporation Limited (MPRDC) worth Rs 175. 48 Crore. The scope of work includes Widening and Reconstruction of Ganj-Rajnagar Road (MP-MDR-35-02), Laundi-Mahoba Road (MP-MDR-35-11), Nawgong Shrinagar Road (MP-MDR-35-04) & Baxwaha Dalpatpur Road (MP-MDR-35-18) and is being funded by New Development Bank under Madhya Pradesh Major District Roads Upgradation Project (MPMDRUP). The completion schedule of the works is 20 months.

The above information is a part of company’s filings submitted to BSE.

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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