IL&FS Engineering wins electrification contracts

IL&FS Engineering & Construction Company Ltd (IL&FS Engineering Services) has received the letters of intent, worth Rs.237 crore, from Jharkhand Bijli Vitran Nigam Ltd (JBVNL) under the Integrated Power Development Scheme (IPDS). The first LOI relates to urban electrification works of Dhanbad Electric Supply Circle of JBVNL covering two towns (Dhanbad & Chirkunda) in Dhanbad district, for a contract price of Rs 126.38 crore. The second is for urban electrification works of Dumka-Sahibganj Electric Supply Circle of JBVNL covering seven towns (Dumka, Sahibganj, Mihijam, Pakur, Rajmahal, Jamtara and Basukinath) spead over Dumka, Jamtara, Sahibganj and Pakur districts in Jharkhand for a contract price of Rs 110.38 crore. The completion schedule for both the contracts is 24 months.

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