Business Daily from THE HINDU group of publications Tuesday, Nov 20, 2007 ePaper | Mobile/PDA Version |
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Logistics
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Railways Corporate - New Business
Our Bureau Mumbai, Nov. 19 Engineering and construction company Larsen & Toubro Ltd, in association with Shanghai Urban Construction (Group) Corporation, has secured a design-and-build contract valued at Rs 275 crore from Delhi Metro Railway Corporation Ltd (DMRC). Underground twin-tunnelThe contract is for the construction of 2.4 km of underground twin-tunnel from the Indira Gandhi International Airport Station to Dwarka Sector-21 in the Airport Metro Express Line of Phase II in the DMRC Project. L&T is the lead partner in the 51:49 joint venture with the Shanghai Urban Construction (Group) Corporation, a Shanghai-based company. Mr K.V. Rangaswami, President (Construction), L&T, said, “The joint venture is the first of its kind with a Chinese partner. “With its past experience in DMRC’s Phase-I tunnelling projects and ongoing Phase-II projects, L&T would add value in successful completion of the project along with SUCG’s vast experience in tunnelling projects in Shanghai.” 120-weeksTo be completed in 120 weeks, the project involves constructing 1.6 km of bored twin tunnel by using tunnel-boring machines, and 0.8 km by the cut-and-cover method. Of the six underground packages already awarded by DMRC in the Central Secretariat, Qutub Minar Corridor of the Phase-II projects, L&T and L&T joint venture have so far bagged five contracts totalling Rs 925 crore. With the new order, the cumulative value of orders secured goes up to Rs 1,200 crore, an L&T release said. More Stories on : Railways | New Business | Larsen & Toubro Ltd | Engineering
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