L&T bags Rs355 crore Delhi Metro

24 Jan 2007

Larsen & Toubro (L&T) has bagged three orders amounting to Rs355 crore from Delhi Metro Rail Corporation (DMRC) for the second phase of the Delhi Metro project. These orders will be executed by ECC, L&T's Construction Division.

Two of these orders pertain to construction of underground stations at Udyog Bhavan and Green Park. In addition to these stations, tunnels of approximately 1 km will be built using cut-and-cover technology.

As a part of a joint venture, L&T will execute a third order in association with DYWIDAG, Samsung, Shimizu and IRCON.

Valued at Rs490 crore, this involves construction of two underground stations at Hauz Khas and Malviya Nagar. The total length of this tunnel will be 3.10km. L&T's portion of this order is Rs127 crores.

KV Rangaswami, Member of the Board & Head - Construction, L&T, said, "It is a matter of great pride that L&T was associated with DMRC in the successful completion of many of its projects in Phase-I."

All the three contracts are to be executed in a time frame of 38 months.