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