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IL&FS Engineering and Construction Company Ltd has been awarded a turnkey EPC road contract by DLF Ltd.
In a statement to the stock exchanges, the company has informed that the Rs 394.30-crore contract is for the construction of high-speed HUDA sector road starting from National Highway-8 to Sector 55/56 at Gurgaon.
The road project is to be completed in 18 months from the date of commencement of work with a maintenance period of five years.
The company shares were trading at Rs 62.50, up 1.55 per cent on the BSE.
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