IL&FS Engineering gets contract worth Rs.326.99 Crore from Bangalore Metro

Mumbai: IL&FS Engineering and Construction Company Limited has bagged a metro rail contract from Bangalore Metro Rail Corporation Limited (BMRCL) for a value of Rs 326.99 crore.

Company Secretary IL&FS said that the contract involves construction of elevated structures (viaduct) of length 3.945 Kms (approx) from Mysore Road Metro Station outer to Pattanagere Station including 4 Nos.of elevated metro stations viz.Nayandahalli Station, Rajarajeshwari Nagar Station, Jnanabharathi Station and Pattanagere Station in the west extension of E-W Corridor of Bangalore Metro Rail Project, Phase-2. The projectr is to be compleiensted in 27 months from the date of issue of Letter of Acceptance (LOA).

The Company has demonstrated expertise in executing Metro Rail projects across the country and is current executing two contracts for Rapid Metro Rail Gurgaon (Phase-II) – one involving construction of double track elevated viaduct worth Rs.255.84 Crores, and the other involving construction of five elevated Metro Rail Stations in Gurgaon (South Extension) worth Rs.84.30 Crores.

Earlier, the Company successfull executed Rapid Metro Rail Gurgaon (Phase-I) contract worth Rs.259.30 Crores that involved construction of single and double track elevated viaduct including six station buildings.

This information was also conveyed by the company to Bombay Stock Exchange and NSE Limited vide Scrip Code Ref: IL&FSEngg 532907 dated 24th April 2015.