July 16, 2013

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 the Rural Electrification (RE) works in Ambedkarnagar district of Uttar Pradesh on a turnkey basis under Government of India scheme of Rajeev Gandhi Grameen Vidyutikaran Yojana (RGGVY) Phase-II. The total value of this contract is
Rs. 284.04 Crores, and the project completion period is 24 months.

IL&FS Engineering Services is already executing Rural Electrification works (Packages 12, 13, & 14) for WBSEDCL (West Bengal State Electricity Distribution Company Limited), and for Power Grid Corporation of India Limited in the state of Orissa.