IL&FS Engineering and Construction, an infrastructure development company, has bagged a metro rail contract from Bangalore Metro Rail Corporation (BMRCL) for worth Rs 3.26 billion.

The contract involves construction of elevated structures of length 3.945 km from Mysore Road station dead-end to Pattanagere station including 4 nos. of elevated metro stations viz. Nayandahalli station, Rajarajeshwari Nagar station, Jnanabharathi station, and Pattanagere station in the west extension of E-W Corridor of Bangalore Metro Rail Project, phase-2.

The project is to be completed in 27 months from the date of issue of Letter of Acceptance (LOA).

Shares of the company declined Rs 0.15, or 0.17%, to trade at Rs 87.50. The total volume of shares traded was 113,148 at the BSE (12.53 p.m., Friday).