Stocks In News - Bagging Order

1. IL&FS Engineering and Construction has received order for pipeline laying works from GAIL.
2. The company has received Fax of Acceptance (FOA) from Gas Authority of India (GAIL India) for 157.8 km long 30' diameter pipeline laying works for Dobhi-Durgapur-Haldia Pipeline Section (Part B) along with 13.28 km long 12' diameter spurline under Jagdishpur Haldia/Bokaro-Dhamra Natural Gas pipeline (JHBDPL) project in Jharkhand/West Bengal states, as per company release.
3. The total value of the contract is Rs 215.79 cr (excluding GST) and is to be mechanically completed in 15 months from date of FOA and additional 2 month for pre-commissioning and commissioning.
4. Recently, the company also won a pipeline laying contract from GAIL worth Rs 123.05 cr in Kerala/Karnataka.
5. The company is already executing pipeline projects for GAIL worth Rs 335.71 cr in Kerala and Bihar states.