Larsen & Toubro arm bags Rs 2,864 crore order for Eastern Dedicated Freight Corridor
L&T said this project will be funded by World Bank (WB) and is a part of the 1,856 km Eastern Corridor proposed between Ludhiana (Punjab) and Dankuni (West Bengal).
"The railways strategic business unit of L&T Construction's transportation infrastructure business has signed a major contract worth Rs 2,864 crore with the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL)," L&T said in a BSE filing.
The order involves construction of 222 route kilometer of a single-track corridor from Khurja to Pilkhani in Uttar Pradesh.
"This is Larsen & Toubro's first EPC civil, structure and track project in the Eastern Dedicated Freight Corridor. In the Western Dedicated Freight Corridor, L&T already has a share of 71 per cent in the civil packages and 100 per cent share in the electrical packages," it added.
DFCCIL is a special purpose vehicle of the Indian Railways, mandated to build dedicated freight corridors.
L&T said this project will be funded by World Bank (WB) and is a part of the 1,856 km Eastern Corridor proposed between Ludhiana (Punjab) and Dankuni (West Bengal).
The scope of work includes construction of single railway track including yards, 75 major & 588 minor bridges, 1 rail over bridge modification, 4 rail flyovers, 21 stations along with construction of all associated works.
Shares of L&T were trading 0.07 per cent lower at Rs 1,294.10 on BSE.
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