Thursday, January 25, 2007

L&T Secures Rs 355 Crore Orders For Delhi Metro Phase-II

Larsen & Toubro Ltd (L&T) has announced that the Company has bagged three orders amounting to Rs 355 crores from Delhi Metro Rail Corporation (DMRC) for the second phase of the Delhi Metro project. These orders will be executed by ECC, the Companys Construction Division.With the successful commissioning of Phase-I of Delhi Metro, DMRC has taken up implementation of Phase-II with 2010 as completion target in time for the Commonwealth Games to be held in New Delhi.Two of these orders for the Company are direct contracts pertaining to construction of underground stations at Udyog Bhavan and Green Park. In addition to these stations, tunnels of approximately 1 km will be built by the Company using cut-and-cover technology.

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