IL&FS Engineering Services Receives LoI for Rs. 149.22 Crores RE Works in Uttar Pradesh

November 11, 2016

Hyderabad: IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received a Letter of Intent (LoI) from Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) for Rural Electrification (RE) works of majre/villages of Gonda district in Uttar Pradesh on a turnkey basis under Government of India Scheme of Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY). The total value of this contract is Rs. 149.22 Crores, and the project completion period is 12 months from the date of issue of the LoI.

As part of this Scheme, 1436 villages of Gonda district will be electrified that will result in provision of 39600 Nos. of Services Connections to Below Poverty Line (BPL) card holders. This project is funded by REC under the Eleventh Plan Programme.

IL&FS Engineering Services is already executing RE works for MVVNL in Shahjahanpur district of UP under DDUGJY Phase-II worth Rs. 190.88 Crores.

Further, IL&FS Engineering Services is currently executing RE works in state of Uttar Pradesh for Paschimanchal Vidhyut Vitran Nigam Limited (PVVNL) worth around Rs. 389.28 Crores, and for Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) worth Rs. 284.04 Crores in the state of Uttar Pradesh.

The Company is also executing RE works for WBSEDCL in the state of West Bengal worth more than Rs. 500 Crores for 3000 villages.