LT bags 203 cr worth orders from Delhi Metro
Mumbai, Aug 13: Larsen&Toubro Ltd (L&T) has announced that the Company has secured two more Design and Build contracts from Delhi Metro Railway Corporation (DMRC) for the construction of the underground station at Saket (Delhi) and a tunnel as part of its Phase II Project.
The order valued at Rs 203 crores the new station and tunnel will come up between Central Secretariat and Qutub Minar Corridors of Delhi Metro, the company said in a disclosure to the Bombay Stock Exchange (BSE) today.
The project to be completed in 30 months, involves 1500 m of tunneling. The length of the station will be 284 m. In addition, the construction involves a 945 m Link Tunnel and a 260 m Ramp, both of which is to be completed in 24 months.
The new orders come close on the heels of the Rs 355 crore Phase II orders secured by the Company, in the same corridor during last fiscal. The Company is presently executing the Udyog Bhavan and Green Park stations along with the construction of 1 km long tunnel by Cut and Cover method, the company said.
The Company is also executing yet another contract, in Joint Venture with DYWIDAG, SAMSUNG, SHIMIZU and IRCON, for the construction of two underground stations at Hauz Khas and Malviya Nagar with a 3.10 km long tunnel using Tunnel Boring machines. These projects are slated for completion by 2010 for the Common Wealth Games in New Delhi.