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Larsen & Toubro Ltd Led Joint Venture Secures INR12.52 Billion Worth Delhi Metro Contract

Sunday, 4 Nov 2012 11:53pm EST 

Larsen & Toubro Ltd announced that the infrastructure IC of the Company has bagged a major order worth INR1252 crores (INR12.52 billion) from Delhi Metro Rail Corporation (DMRC). The order will be executed as a joint venture with Shanghai Urban Construction Group (SUGC). The joint venture will design and construct a tunnel between Shankar Vihar and Hauz Khas as well as underground stations at Vasant Vihar, Munirka, R.K. Puram, IIT and Hauz Khas. L&T Constructions' share in the project is INR852 crores (INR8.52 billion). Another recent order includes a INR644 crores (INR6.44 billion) contract secured by the Buildings and factories IC for construction of a permanent campus facility for IIT, Hyderabad. The scope of works include construction of engineering blocks, faculty and staff housing, student hostels, dining halls including ancillary and other associated works. 

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31 Jul 2014