The Infrastructure IC of Larsen and Toubro Construction (L&T Construction), the wholly owned subsidiary of Larsen and Toubro (L&T), has bagged a major order worth Rs 1,252 crore from Delhi Metro Rail Corporation (DMRC). The order will be executed as a joint venture (JV) with Shanghai Urban Construction Group (SUCG) where L&T Construction’s share in the project is Rs 852 crore. The joint venture will design and construct a tunnel between Shankar Vihar and Hauz Khas as well as underground stations at Vasant Vihar, R.K.Puram, IIT and Hauz Khas.
Another recent order includes an Rs 644 crore contract secured by the Buildings & Factories IC for construction of a permanent campus facility for IIT, Hyderabad. The scope of works include construction for engineering blocks, faculty and staff housing, students hostels, dining halls including ancillary and other associated works.
So far in November, L&T Construction has bagged orders worth valued over Rs 1,496 crore including the above orders.
