July 09, 2015 / 12:45 IST
Moneycontrol Bureau
The project included laying 103 kms high pressure gas transmission pipeline on an EPC basis for
Gujarat State Petronet (GSPL).
The client GSPL has developed this infrastructure to cater to the customers in East Gujarat region.
The Company is currently executing an EPC contract from Indian Strategic Petroleum Reserves Limited (ISPRL), Ministry of Petroleum and Natural Gas, Government of India that involves laying of pipeline from Mangalore Port to Mangalore/Padur Cavern for storage of crude oil project, as per BSE release.
On July 02, 2015, the company had approved to raise upto Rs 500 crore by way of qualified institutional placement / rights issue / convertible securities, or in any combination.
At 12:39 hrs ILandFS Engineering and Construction Company was quoting at Rs 88.70, up Rs 5.75, or 6.93 percent on the BSE.
Posted by Rakesh Patil
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