IL&FS Engineering Services receives LOIs in Jharkhand

IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has recently received Letter of Intents (LOIs) from Jharkhand Bijli Vitran Nigam Limited (JBVNL), Ranchi for Rural Electrification (RE) Works of East Singhbhum Package comprising East Singhbhum district, and West Singhbum Package comprising West Singhbhum districts in Jharkhand state under Deen Dayal Upadhyay Gram Jyoti Yojna (DDUGJY). IL&FS Engineering Services has also received LOIs for Urban Electrification Works of Jamshedpur Electric Supply Area of JBVNL covering eight towns (Jamshedpur, Mango, Jugsalai, Chakuliya, Adityapur, Chaibasa, Chakradharpur, and Seraikela) in East Singhbhum, West Singhbum, and Seraikela-Kharsawan districts in Jharkhand state under Integrated Power Development Scheme (IPDS) on behalf of JBVNL.
The total value of these contracts is Rs 559.35Cr and the completion schedule of the works is 24 months. IL&FS Engineering Services recently won RE works worth Rs 738Cr. The Company is currently executing RE works worth more than Rs 1290Cr that involves works electrifying around 9000 villages.
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