L&T Led JV Secures Rs 275 Cr Order

Larsen & Toubro (L&T) in association with Shanghai Urban Construction (Group) Corporation got a design and build contract valued at Rs 275 crore from Delhi Metro Railway Corporation (DMRC). The contract is for the construction of 2.4 km of underground twin tunnel starting from the IGI Airport Station to Dwarka Sector-21 in the Airport Metro Express Line of the Phase II of DMRC Project. L&T is the lead partner in this 51:49 Joint Venture with Shanghai Urban Construction (Group) Corporation (SUCG), a Shanghai based company. The JV is the first of its kind with a Chinese partner. With its past experience in DMRC''s phase-I tunneling projects and ongoing phase II projects, L&T would add value in successful completion of the project.