IL&FS Engineering bags Rs. 175-cr road project.

The joint venture comprising IL&FS Engineering and Construction Company Ltd. and IL&FS Transportation Networks Ltd in the ratio of 49:51 has received letter of award for a road project from Madhya Pradesh Road Development Corporation Ltd.

The scope of the Rs. 175.48-crore project includes widening and reconstruction of Ganj-Rajnagar Road, Laundi-Mahoba Road, Nawgong Shrinagar Road and Baxwaha Dalpatpur Road. The project is being funded by New Development Bank under Madhya Pradesh Major District Roads Upgradation Project.

The project is to be completed within 20 months, the company informed the BSE.

HBL