Business Standard

IL&FS Eng bags Rs 327-cr metro rail contract from BMRCL

Image

Press Trust of India New Delhi
IL&FS Engineering and Construction Company today said it has won a Rs 327 crore contract from Bangalore Metro Rail Corporation (BMRCL).

"The contract involves construction of elevated structures (viaduct) of length 3.95 km from Mysore road station dead-end to Pattangere station including 4 elevated metro stations," the company said in a BSE filing.

The four stations are -- Nayandahalli, Rajarajeshwari Nagar, Janabharathi and Pattangere -- in the west extension of E-W Corridor of Bangalore Metro Rail Project, Phase 2.

The company said the project is likely to be completed in 27 months from the date of issue of letter of acceptance.
 

It had earlier executed metro rail projects for RMRG Phase II, involving construction of double track elevated viaduct worth Rs 256 crore besides construction of five elevated stations in Gurgaon (South Extension) worth Rs 84.30 crore.

Post the announcement, the company's scrip was trading at Rs 87, up 0.74 per cent on the BSE.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 24 2015 | 2:07 PM IST

Explore News