L&T: Rs 203 cr orders from Delhi Metro
Larsen & Toubro Ltd bagged two design and build contracts worth Rs 203 crore from Delhi Metro Railway Corporation for the construction of the underground station at Saket (Delhi) and a tunnel as part of its Phase II Project.
By INDIATIMES NEWS NETWORK |
MUMBAI: Larsen & Toubro Ltd bagged two design and build contracts worth Rs 203 crore from Delhi Metro Railway Corporation for the construction of the underground station at Saket (Delhi) and a tunnel as part of its Phase II Project.
The new station and tunnel will come up between Central Secretariat and Qutub Minar corridors of Delhi Metro to be completed in 30 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 last year.
The company ventured into metro projects during the phase I of Delhi Metro and successfully completed the Rs 1940 crore project of underground metro rail corridor from Central Secretariat to Kashmere Gate with 26% share in JV with International Contractors.
L&T is currently executing the Udyog Bhavan and Green Park stations along with the construction of 1 km long tunnel. It is also executing another contract, in joint venture with Dywidag, Samsung, Shimizu and IRCON, for the construction of two underground stations at Hauz Khas and Malviya Nagar. These projects are slated for completion by 2010 for the Common Wealth Games in New Delhi.
At 11:05 AM, L&T share was at Rs 2448, up Rs 15.95 or 0.66% from Friday.
The new station and tunnel will come up between Central Secretariat and Qutub Minar corridors of Delhi Metro to be completed in 30 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 last year.
The company ventured into metro projects during the phase I of Delhi Metro and successfully completed the Rs 1940 crore project of underground metro rail corridor from Central Secretariat to Kashmere Gate with 26% share in JV with International Contractors.
L&T is currently executing the Udyog Bhavan and Green Park stations along with the construction of 1 km long tunnel. It is also executing another contract, in joint venture with Dywidag, Samsung, Shimizu and IRCON, for the construction of two underground stations at Hauz Khas and Malviya Nagar. These projects are slated for completion by 2010 for the Common Wealth Games in New Delhi.
At 11:05 AM, L&T share was at Rs 2448, up Rs 15.95 or 0.66% from Friday.
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