Udayavni Special

L&T bags construction order from Chennai Metro Rail Corporation


PTI, May 14, 2021, 11:19 AM IST

New Delhi: Infrastructure company Larsen & Toubro (L&T) on Friday said its construction arm has bagged an up to Rs 5,000 crore contract from Chennai Metro Rail Corporation.

“The business has secured an order from Chennai Metro Rail Corporation Ltd (CMRL) to construct nearly 12 km twin bored tunnels from Kellys station to Taramani Road Junction station,” the company said in a regulatory filing.

L&T said the business has also secured another order from Chennai Metro Rail Corporation to construct approx 8 Km of elevated Viaduct with 9 elevated metro stations starting from Power House to Porur Junction including other associated works.

The engineering and construction company did not provide the exact value of the contract, but as per its project classification, “large” orders are those valued between Rs 2,500 crore and Rs 5,000 crore.

L&T said these projects are the first packages of phase – II which have been awarded by Chennai Metro Rail.

“Both the projects were bagged under stiff competition from domestic and international metro construction players,” the company added.

Shares of the company were trading 0.13 per cent higher at Rs 1,386.80 apiece on BSE.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

4 ways companies can avoid post-pandemic employee turnover

PDP’s decision making body authorises Mehbooba Mufti to decide on Centre’s invite for talks

Reform comes by sacrificing, not questioning: Salman Khurshid slams G-23

Basavaraj Bommai rejects Congress’ demand for probe into Upper Bhadra project

PM Modi holds meeting with union ministers

Netanyahu to leave prime minister’s residence by July 10

Public parks, gardens to open in Delhi from Monday, outdoor yoga activities to be allowed: DDMA



Related Articles More

Labour ministry mulls extending ABRY deadline till March 2022 to boost fresh hiring

Karnataka Bank declares loan over Rs 160 crore to Reliance Home, Reliance Commercial as fraud

Four of top-10 firms add Rs 68,458.72 cr in m-cap; HUL, Infosys biggest gainers

Automakers initiate production ramp-up with easing of Covid restrictions in states

Zydus Cadila likely to seek EUA for its COVID-19 vaccine next week

MUST WATCH

Manipal IT youngsters plants trees | Planting trees to preserve the Environment

Police Sub Inspector angry on Farmers in Raichur

Belgaum Rescue operation

Remembering Milkha Singh

Dr Ravi Shankar Shetty | Oxygen Condenser Donation

Latest Additions

4 ways companies can avoid post-pandemic employee turnover

PDP’s decision making body authorises Mehbooba Mufti to decide on Centre’s invite for talks

Reform comes by sacrificing, not questioning: Salman Khurshid slams G-23

Soldier, 2 militants killed in encounter in Pakistan’s KPK

Woman takes revenge from ex-boyfriend for 5 years, Tiktok goes viral

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.