MoneyWorks4Me

IL&FS Engineering and Construction Company has received Letter of Intents (LOIs) from Jharkand Bijli Vitran Nigam (JBVNL) under the Integrated Power Development Scheme (IPDS) for a total contract value of Rs 236.76 crore. 

The LOI is for Supply of all equipments and materials including providing for all erection services related to the Contract for Urban Electrification works of Dhanbad Electric Supply Circle of JBVNL covering two towns (Dhanbad & Chirkunda) in Dhanbad district in Jharkand for a contract price of Rs 126.38 crore.

Further, the LOI is also for Supply of all equipments and materials including providing for all erection services related to the Contract for Urban Electrification works of Dumka-Sahibganj Electric Supply Circle of JBVNL covering seven towns (Dumka, Sahibganj, Mihijam, Pakur, Rajmahal, Jamtara & Basukinath) in Dumka, Jamtara, Sahibganj & Pakur district in Jharkand for a contract price of Rs 110.38 crore.

IL&FS Engineering Services is already working for Rural Electrification (RE) and IPDS works in Jharkhand state at Sahibganj, East & West Singhbhum, and Jamshedpur. The Company is currently executing RE works/IPDS works for more than Rs 1850 crore across India.

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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