IL&FS Engineering and Construction Company has received a Letter of Award (LoA) from Neelkamal Realtor Tower (NRTPL) for construction of 'Orchid Heights', a high-rise residential project at Byculla in Mumbai. The total value of Shell & Core portion of the contract is Rs 675 crore, which is to be completed in 39 months. The timeline for committed scope of Finishing, and Mechanical, Electrical and Plumbing (MEP) work shall get decided during the course of execution which will further enhance the contract value.

The 'Orchid Heights' project has two high rise towers - Tower A and Tower B having heights of about 274 mt, and 201 mt respectively with total built-up area of around 28,22,134 sq.ft. This project would be the first work in Mumbai for the Company. Being a very tall structure, it opens up the market for the Company in this segment for such high rise towers not only in Mumbai but all over India.

The Company now enters into a select group of companies that execute such high rise buildings with modern and most sophisticated methods of System Formworks and sophisticated machinery.

IL&FS Engineering and Construction Company 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.

IL&FS Engg. & Const. Share Price

14.21 -0.18 (-1.25%)
25-Nov-2022 18:01 View Price Chart
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