November 1, 2013

IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received a Letter of Award (LoA) from Neelkamal Realtor Tower Private Limited (NRTPL) for construction of ‘Orchid Heights’, a high-rise residential project at Byculla in Mumbai. The total value of Shell & Core portion of the contract is Rs. 675 Crores, which is to be completed in 39 months. The timeline for committed scope of Finishing, and Mechanical, Electrical and Plumbing (MEP) work shall get decided during the course of execution which will further enhance the contract value.

The prestigious ‘Orchid Heights’ project has two high rise towers – Tower A and Tower B having heights of about 274 mt, and 201 mt respectively with total built-up area of around 28,22,134 sq.ft. This project would be the first work in Mumbai for IL&FS Engineering Services. Being a very tall structure, it opens up the market for the Company in this segment for such high rise towers not only in Mumbai but all over India.

The Company now enters a select group of companies who execute such high rise buildings with modern and most sophisticated methods of System Formworks and sophisticated machinery.