IL&FS Engineering and Construction gets Rs 1,436 cr order

Tags: Companies
Infrastructure developer IL&FS Engineering and Construction today said it has received a Rs 1,436 crore Engineering Procurement and Construction (EPC) order for four-laning of Kiratpur Ner Chowk section of NH-21.

"...IL&FS Engineering and Construction has received a Letter of Intent from Kiratpur Ner Chowk Expressway, an SPV incorporated by ITNL, for the project for a total value of Rs 1,436.08 crore," it said in a BSE filing.

The work on the project, which involves four-laning of Kiratpur Ner Chowk Section of NH-21 in Punjab and Himachal Pradesh, would be completed in 1,005 days.

"The total length of the project is 84.375 Kms covering the district of Rupnagar in Punjab and the districts of Bilaspur and Manali in Himachal Pradesh," the filing said.

"The scope of the work also includes 67.3 kms of road works, minor bridges, 18 number of major bridges, five numbers of main tunnels including one escape tunnel, flyover, pedestrian/cattle underpass, toll plaza, truck lay byes, bus bays and so on," it added.

The company's scrip was trading at Rs 55.35, up 2.12 per cent over the previous closing on the BSE in the afternoon trade.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Sebi’s influence as watchdog must be independent of the chief’s personality

    The word regulator has become a part of our market lexicon in the past two decades of reforms, though it is not as if there was no regulator prior to1

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Where is the Charging Bull headed to?

On a balmy spring morning last week, I was admiring ...

Rajgopal Nidamboor

The disdainful wrath of greed

It is rightly said that money isn’t the root of ...

Gautam Gupta

Immense potential of e-commerce in fashion and apparel

Michael Aldrich launched online shopping in1979 with no clue whatsoever ...