Companies

IL&FS bags Rs 154-cr contract from PowerGrid

V Rishi Kumar Hyderabad | Updated on January 20, 2018 Published on March 25, 2016

A joint venture of IL&FS Engineering and Construction Company Ltd and Unitech Power Transmission Ltd has received a letter of award from Power Grid Corporation of India Ltd (PGCIL) worth Rs 153.99 crore for a turnkey contract to execute a 765 kV transmission line in Gujarat.

In a statement to BSE, the company has informed that the scope of work includes supply contract for tower package for 765 kV Bhuj-Banaskanta transmission line associated with Green Energy Corridor relating to the Inter-State Transmission Scheme.

The Rs 153.99-crore project, funded by The KFW Bank, is to be executed in Gujarat within 24 months from the date of award. IL&FS Engineering has won the contract under international competitive bidding process.

The company has executed transmission lines, sub-stations and distribution works in Andhra Pradesh, Telangana, Uttar Pradesh, West Bengal, Haryana and Karnataka.

The company is currently executing rural electrification works in Uttar Pradesh for Paschim Vidhyut Nigam Ltd worth Rs 389 crore and for Madhayanchal Vidyut Nigam Ltd worth Rs 475 crore. It is also executing another project to facilitate electricity distribution for 3,000 villages worth Rs 600 crore in West Bengal.

Published on March 25, 2016
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