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IL&FS Engineering and Construction Company Ltd has received Letter of Intent for two Rural Electrification Works under the Deen Dayal Upadhyay Gram Jyoti Yojana, and Integrated Power Development Works of West Bengal State Electricity Distribution Company Ltd, Kolkata, worth ₹515.47 crore.
The DDUGJY–RE contracts are being funded by Rural Electrification Corporation and IPDS contracts are being funded by Power Financial Corporation, the company informed in a statement.
The total value of three contracts is ₹515.47 crore and completion schedule of works is 24 months.
IL&FS Engineering Services had emerged as the lowest bidder for the above mentioned projects in December 2016.
The company is already working in 24 Paraganas South and North for RE works for WBSEDCL worth around ₹657 crore, and has electrified more than 2,500 villages in these areas.
Also, IL&FS Engineering Services has completed works for RE in West Midnapore in 2015 for 2,460 villages.
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