Hyderabad-based 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. The contract involves construction of elevated structures (viaduct) of length of 3.945 km and is to be completed in 27 months from the date of issue of letter of acceptance (LOA), the company informed the stock exchanges on Friday.
IL&FS Engineering is currently executing two contracts for Rapid Metro Rail Gurgaon (RMRG), one involving the construction of double track elevated viaduct worth Rs 255.84 crore, and the other involving construction of five elevated stations in Gurgaon worth Rs 84.30 crore, according to the filing.