IL&FS Engineering bags Rs.52.4-cr GAIL contract

IL&FS Engineering and Construction Company Ltd has received the Letter of Acceptance (LoA) from Gas Authority of India Ltd (GAIL) for laying and construction of a pipeline along with associated works for a pipeline replacement project in Gujarat. The total length of the 12 inch pipeline is 85 km and the contract is worth Rs.52.4 crore. It is to be completed within 16 months from the date of issue Letter of Acceptance. The company is currently executing an EPC contract for Indian Strategic Petroleum Reserves Ltd (ISPRL), Ministry of Petroleum and Natural Gas, for laying of pipeline from Land Fall Point (LFP), Mangalore Port to Mangalore/Padur Cavern for storage of crude oil. The total length of the pipeline is 48 km (48-ö-12 km and 42-ö- 36 km) whose value is `213 crore.