Saturday, April 20, 2024
HomeUncategorizedIL&FS bags contract worth Rs 52.40 cr from GAIL

IL&FS bags contract worth Rs 52.40 cr from GAIL

- Advertisement -

IL&FS Engineering and Construction Company has won a Rs 52.40 contract from Gas Authority of India Ltd (GAIL) for laying and construction of a pipeline in Gujarat.

IL&FS“IL&FS Engineering and Construction Company Ltd has received the letter of acceptance (LoA) from GAIL for laying and construction of a pipeline along the associated works for pipeline replacement project in Gujarat region,” the company said in a regulatory filing on Thursday.

The total length of the 12 inch pipeline is 85 km, it said.

“The total value of the contract is Rs 52.4 crore, and is to be completed within 16 months from the date of issue of LoA,” the company said.

The firm is executing an EPC (engineering, procurement and construction) contract for Indian Strategic Petroleum Reserves Ltd, Ministry of Petroleum and Natural Gas for laying a pipeline from Mangalore Port to Mangalore Cavern.

The 48-km long pipeline would cost around Rs 213 crore.

- Advertisement -
- Advertisement -
- Advertisement -

Latest

Must Read

- Advertisement -

Related News