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Larsen & Toubro Ltd And Sojitz Corp Bags INR67 Billion Freight Corridor Contract-Business Standard

Monday, 10 Jun 2013 04:34am EDT 

Business Standard reported that Larsen & Toubro Ltd and Sojitz Corp has bagged an order of INR66.99 billion from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL). The contract is to construct 626 kilometres (km) of a double-track corridor from Rewari in Haryana to Iqbalgarh in Gujarat via Rajasthan, across three states. The project is expected to be complete in four years. In a filing to the Bombay Stock Exchange (BSE), L&T said the order had been secured by the railways strategic business unit of L&T Construction's Transportation Infrastructure Business. "The track will be designed for 25 mt axle-load to run double-stack containers dedicated for freight. Around 1.5 lakh mt of rails will be imported from Japan for this project. The scope of work includes construction of 1,400 track km of railway line, 50 major and 1,250 minor bridges, 20 station along with supply of all associated equipment.