MoneyWorks4Me

L&T’s construction arm secures order from RVNL

12 Dec 2019 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Heavy Civil Infrastructure business has secured a prestigious order from Rail Vikas Nigam (RVNL) for the construction of Rishikesh - Karanprayag Tunnel 2 package works comprising tunnels, bridges and formation works in the state of Uttarakhand.

The project consists of the main tunnel with parallel escape tunnel and ballast-less track that runs inside the main tunnel. This is a fast track project to be completed within stringent timelines.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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