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IL&FS Engineering and Construction Company Ltd has received a Letter of Acceptance (LoA) for a road contract from IL&FS Transportation Networks Ltd (ITNL).
Total value of the contract is Rs 581.96 crores and it has a completion period of 21 months.
The scope of IL&FS Engineering under this contract involves four laning from km 165.600 to km 220.00 of Amravati-Chikhli section of NH-6 in Maharashtra on item rate basis. The company is currently working on Rs 5,012-crore worth road projects across India.
The company shares were trading up by 4.91 per cent at Rs 51.25 on the BSE.
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