IL&FS Engineering wins electrification order worth Rs 559.35 crore in Jharkhand

DSIJ Intelligence / 12 May 2017

IL&FS Engineering wins electrification order worth Rs 559.35 crore in Jharkhand

IL&FS Engineering and Construction Company on Friday announced that it has received Letter of Intents (LOIs) amounting to Rs 559.35 crore from Jharkhand Bijli Vitaran Nigam Limited (JBVNL), Ranchi.

IL&FS Engineering and Construction Company on Friday announced that it has received Letter of Intents (LOIs) amounting to Rs 559.35 crore from Jharkhand Bijli Vitaran Nigam Limited (JBVNL), Ranchi.

The company said that the LOIs have been received from JBVNL for rural electrification (RE) works of East Singhbhum package comprising East Singhbhum district and West Singhbhum package comprising west Singhbhum districts in Jharkhand state under Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY).

The company has also received LOIs for urban electrification works of Jamshedpur Electric Supply Area of JBVNL covering eight towns (Jamshedpur, Mango, Jugsalai, Chakuliya, Adityapur, Chaibasa, Chakradharpur and Seraikela) in East Singhbhum, West Singhbhum and Seraikela-Kharsawan districts in Jharkhand state under Integrated Power Development Scheme (IPDS) on behalf of JBVNL.

The total value of these contracts is Rs 559.35 crore and the works are scheduled to be completed in 24 months.

The company also recently won RE works worth Rs 738 crore. The company is currently executing RE works worth more than Rs 1290 crore involving electrification of around 9000 villages.

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