Moneycontrol BureauShares of ILandFS Engineering and Construction Company rose 11 percent intraday Tuesday as it has emerged as lowest bidder for Rs 225 crore rural electrification works.The company has emerged as the lowest bidder for rural electrification (RE) works of Jharkhand Bijli Vitran Nigam (JBVNL), Ranchi worth Rs 225 crore in package of Sahibganj comprising Sahibganj and Pakur districts in Jharkhand state under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY).The above work is scheduled to be completed in 24 months.ILandFS Engineering Services has been involved in rural electrification works in the states of West Bengal, Rajasthan, Orissa, and Uttar Pradesh.At 14:10 hrs ILandFS Engineering and Construction Company was quoting at Rs 46.70, up Rs 2.15, or 4.83 percent on the BSE.Posted by Rakesh Patil
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