L&T bags Rs 275 cr order from DMRC
New
Delhi,
Nov
19:
Construction
major
Larsen&Toubro
Ltd
(L&T)
today
said
it
received
a
Rs
275
crore
contract
from
Delhi
Metro
Railway
Corporation
Ltd
(DMRC).
Under the project, L&T will construct a 2.4 km of underground twin tunnel starting from the IGI Airport Station to Dwarka Sector-21 in the Airport Metro Express Line of the Phase II of DMRC Project, to be completed in 120 weeks, a statement said.
L&T is the lead partner in this 51:49 joint venture with Shanghai Urban Construction (Group) Corporation (SUCG), a Shanghai-based firm.
Out of the six underground packages already awarded by DMRC in the Central Secretariat-Qutub Minar Corridor of the Phase II projects, L&T and L&T JV have so far bagged five contracts at a total value of Rs 925 crore.
With this new order, the cumulative value of orders secured touched Rs 1,200 crore.
UNI