IL&FS Engineering bags Rs 123 cr orders from GAIL

IL&FS Engineering bags Rs 123 cr orders from GAIL

IL&FS Engineering and Construction Company has bagged two pipeline laying contracts worth Rs. 123.05 crore from Gas Authority of India Ltd (GAIL).

“IL&FS Engineering and Construction Company has received Fax of Acceptance (FOA) from Gas Authority of India Ltd for two pipeline laying contracts worth Rs. 123.05 crore in Kerala/Karnataka,” the company said in a BSE filing.

Both the orders are part of Kochi-Koottanad-Mangalore pipeline project.

IL&FS Engineering Services added that it is already executing a part of this Kochi-Koottanad-Mangalore pipeline project for GAIL worth Rs. 173.13 crore in Kerala.

https://www.thehindubusinessline.com/companies/ilfs-engineering-bags-rs-123-cr-orders-from-gail/article9546391.ece