IL&FS Engineering & Construction Co. Ltd.NSE: IL&FSENGG

IL&FS Engineering & Construction: Services Wins Rs. 1232 Cr Road Contract from NHAI

· Issued by IL&FS Engineering & Construction Co. Ltd.

IL&FS Engineering Services Wins Rs. 1232 Cr Road Contract from NHAI

October 13, 2014

IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for a total value of Rs. 1232 Crores for Four Laning of Patna Gaya Dobhi Section of NH-83 from km 0.000 to km 127.217 in the state of Bihar to be executed under JICA ODA Loan Assistance. The project completion period is 1095 days from commencement date.

The widening of this national highway will give a major boost to the tourism industry there as it falls under the Buddhist circuit. It also will provide substantial economic gain in terms of reduced vehicle operating costs and reduced travel time.

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