Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

IL &FS Engineering bags contract worth $100 million from Prime Star Energy FZE

17 May 2011

IL&FS Engineering and Construction, earlier known as Maytas Infra, has bagged a contract worth $100 million from Prime Star Energy FZE (PSE) for construction of a storage tank terminal in UAE. The facility is expected to be completed within the next 2 years. PSE, part of the Emirates Trading Agency LLC group, has tied up with Infrastructure Leasing & Financial Services for financing and construction of this project.

PSE plans to undertake the development, operations and maintenance of a storage tank terminal for oil and oil products. Maytas Infra, 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.

Related IL&FS Engineering and Construction Company Ltd. Links:

IL&FS Engg. & Const. Share Price

4.33 0.09 (2.12%) Jun 22, 18:01
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1499.15
Rail Vikas Nigam 32.15
KEC International 437.10
NCC 84.25
PNC Infratech 250.95
View more..
Sensex vs IL&FS Engg. & Const.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback