IL&FS Engineering Services JV Receives LOA for Road Project in Madhya Pradesh Worth Rs. 175.48 Crores

March 29, 2017

Hyderabad:The Joint Venture comprising IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) and IL&FS Transportation Networks Limited in the ratio of 49:51 (Joint Venture) has received LOA for Package No. P-2 from Madhya Pradesh Road Development Corporation Limited (MPRDC) worth Rs. 175. 48 Crores.

The scope of work includes Widening and Reconstruction of Ganj-Rajnagar Road (MP-MDR-35-02), Laundi-Mahoba Road (MP-MDR-35-11), Nawgong Shrinagar Road (MP-MDR-35-04) & Baxwaha Dalpatpur Road (MP-MDR-35-18) and is being funded by New Development Bank under Madhya Pradesh Major District Roads Upgradation Project (MPMDRUP).

The completion schedule of the works is 20 months.