IL&FS Engineering and Construction Company Limited (IL&FS Engineering Services) has received the following Letter of Intents (LOIs) from Jharkand Bijli Vitran Nigam Limited (JBVNL) under the Integrated Power Development Scheme (IPDS):

(i) LOI for supply of all equipments and materials including providing for all erection services related to the contract for Urban Electrification works of Dhanbad Electric Supply Circle of JBVNL covering two towns (Dhanbad & Chirkunda) in Dhanbad district in Jharkand for a contract price of INR 1263.8 million;

(ii) LOI for supply of all equipments and materials including providing for all erection services related to the contract for Urban Electrification works of Dumka-Sahibganj Electric Supply Circle of JBVNL covering seven towns (Dumka, Sahibganj, Mihijam, Pakur, Rajmahal, Jamtara & Basukinath) in Dumka, Jamtara, Sahibganj & Pakur district in Jharkand for a contract price of INR 1103.8 million

The total contract value of the above LOIs is INR 2367.6 million, and the completion schedule of the works is 24 months. IL&FS Engineering Services is already working for Rural Electrification (RE) and IPDS works in Jharkhand state at Sahibganj, East & West Singhbhum, and Jamshedpur. The Company is currently executing RE works/IPDS works for more than INR 18500 million across India.