L&T Construction bags new contract from DMRC for Phase-4 of Delhi MRTS

The Heavy Civil Infrastructure business vertical of L&T Construction has won a significant order from the prestigious Delhi Metro Rail Corporation Limited (DMRC), to design and construct the Underground Metro Project of Phase-IV of Delhi MRTS.

The major scope of work for the project comprises Design and Construction of 5 Km of Twin Tunnel (Up & Down Line) by Shield Tunnel Boring Machine (TBM), Cut and Cover Tunnel box, Underground Ramp and four Underground stations namely Chhattarpur, Chhattarpur Mandir, IGNOU and Neb Sarai with associated works of Aerocity to Tughlakabad Corridor of Phase-IV of Delhi MRTS. A major part of works is in South Delhi and must be completed within the duration of 42 months.

The project is funded by JICA and L&T takes pride to be reassociated with DMRC for this prestigious project.

L&T has significantly enhanced its capability of building faster and reliable mass transit systems and this project is in line with our strategic goals.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1659.10 as compared to the previous close of Rs. 1634.30. The total number of shares traded during the day was 166973 in over 14120 trades.

The stock hit an intraday high of Rs. 1666.00 and intraday low of 1595.00. The net turnover during the day was Rs. 271535658.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 OrderWin DMRC Phase4 DelhiMRTS