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IL&FS Engineering and Construction Co gets LoA for Ahmedabad Metro Rail Project Phase 1

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Capital Market
Last Updated : Dec 15 2015 | 12:01 AM IST

Total value of contract is Rs 374.64 crore

IL&FS Engineering and Construction Co has received a Letter of Acceptance (LoA) from Metro-Link Express for Gandhinagar & Ahmedabad (MEGA) Company for a total value of Rs 374.64 crore for construction of Vaiduct Corridor from Interface Point with Gyaspur Depot, Abutment of Depot to APMC Metro Rail Station to Shreyas Metro Rail Station all inclusive of Elevated Viaduct portion and Elevated Metro Stations viz APMC, Jivraj, Rajivnagar, and Shreyas for package-1 of North-South Corridor for Ahmedabad Metro Rail Project Phase 1. The project is to be completed in 120 weeks from the date of issue of the Letter of Acceptance.

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First Published: Dec 14 2015 | 2:43 PM IST

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