Mumbai, May 19 -- The order is for the construction of four G+12 FLL-type buildings for Sector-3 at the RG Expansion Project, Jamnagar. The contract has been awarded on a Bill of Quantities (BOQ) basis.

"We are pleased to inform that Vascon Engineers has received a Letter of Intent amounting to Rs 131.58 crore [One Hundred & Thirty-One Crore Point Fifty-Eight Lakh (excluding GST)] from Reliance Industries for the construction of four G+12 FLL-type buildings for Sector-3 at RG Expansion, Jamnagar," the company said in a stock exchange filing.

The work is to be completed within 19 months from the date of receipt of the order. The company said the order has been awarded by a domestic entity, and the nature of the contract is domestic.

Vas...