IL&FS Engineering Services Receives LoI for Rural Electrification and Integrated Power Development Works Worth Rs. 515.47 Crs in West Bengal

February 2, 2017

Hyderabad: IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received Letter of Intent (LoI) for two Rural Electrification (RE) Works under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY), and additional one Integrated Power Development Works (IPDS) of West Bengal State Electricity Distribution Company Limited (WBSEDCL), Kolkata worth Rs. 515.47 Crores. DDUGJY–RE contracts are being funded by Rural Electrification Corporation (REC), and IPDS contracts are being funded by Power Financial Corporation (PFC).

Following are the Projects:

A) For RE Works Under DDUGJY

1. Package No. 2 for 24 Paraganas North Bidhannagar & 24 Paraganas South. Contract value is Rs.179.64 Crores

2. Package No. 7 for Paschim Medinipur. Contract value is Rs.176.34 Crores

B) For Urban Areas Under IPDS

1. Package No.10 for 24 Parganas South. Contract value is Rs.159.49 Crores

Total value of the above three Contracts is Rs. 515.47 Crores and completion schedule of works is 24 months. IL&FS Engineering Services had emerged as the Lowest Bidder for the above mentioned projects in December 2016.

IL&FS Engineering Services is already working in 24 Paraganas South and North for RE works for WBSEDCL worth around Rs.657 Crores, and has electrified more than 2500 villages in these areas. Also, IL&FS Engineering Services has completed works for RE in West Midnapore in 2015 for 2460 villages.