IL&FS, Unitech JV bags Rs 136 crore project from PGCIL
IL&FS Engineering and Construction Company Ltd and its joint venture partner, Unitech Power Transmission Ltd announced on Saturday that they have taken up a contract worth Rs 136.26 crore from Turnkey Transmission Line Project in Gujarat from PGCIL.
The company said that it received a Letter of Award (LoA) from Power Grid Corporation for a project in Gujarat for Supply Contract for Towerr Package, for a transmission line associated with Green Energy Corridors.
The total value of this contract is Rs 136.26 crore and the project is expected to complete in 23 months from the date of issue of the LOA, the company said in a statement.
IL&FS Engineering Services is already executing a 765 KV line project under package TW02 of PGCIL in the same transmission line corridor, a report by PTI stated.
IL&FS Engineering Services will be the lead partner for this contract, the company stated.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
04:54 PM IST