financetom
Economy
financetom
/
Economy
/
L&T Construction bags large orders from Bangalore Metro Rail Corporation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
L&T Construction bags large orders from Bangalore Metro Rail Corporation
Mar 6, 2019 2:02 AM

Infrastructure giant Larsen & Toubro (L&T) Wednesday said the heavy civil infrastructure business of its construction arm has bagged "large" contracts from Bangalore Metro Rail Corporation Ltd. The engineering and construction company, however, did not provide the exact value of the contract; but as per its project classification, the value of the contracts was in "large" category which is in the range of Rs 2,500 to Rs 5,000 crore.

"Heavy Civil Infrastructure Business of L&T Construction has secured orders from Bangalore Metro Rail Corporation Ltd for the design and construction of the phase - 2 works," L&T said in BSE filing.

The project work includes construction of underground structures (tunnels and stations) 2.76 Km (approx) long from Vellara Junction station to Shivajinagar station and three UG Metro Stations at Vellara Junction, M G Road and Shivajinagar on the Reach-6 line.

The project work also includes design and construction of underground structures (tunnels and stations) 2.884 Km (approx) long from Shivajinagar Station to Tannery Road Station and two UG Metro Stations at Cantonment and Pottery Town on the same metro rail line.

The project is to be completed in 42 months, the company added.

Shares of L&T were trading 0.65 percent up at Rs 1,315.20 apiece on BSE.

First Published:Mar 6, 2019 11:02 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved