L&T Construction wins order from DMRC for phase-1 of Patna MRTS
10 Jan 2022 CW Team
L&T Construction has bagged an order from the Delhi Metro Rail Corporation (DMRC) for the design and development of the underground metro project of Phase-1 of Patna MRTS.
Major orders are worth Rs 1,000 to Rs 2,500 crore. The main scope of work for the project includes design and construction of a twin tunnel by shield TBM (Tunnel Boring Machine) of about 6 m, tunnel by cut and cover, an underground ramp at Rajendra Nagar and six underground metro stations, along with other linked structures on the new ISBT to Patna station of corridor-2 of phase-1 of Patna MRTS.
The project is planned to be concluded within 42 months. It is financed by the Patna Metro Rail Corporation (PMRC) and, upon completion, will be run by PMRC. Larsen & Toubro (L&T) is an Indian multinational firm involved in EPC projects, hi-tech production and services. The firm's consolidated net profit dropped 67.04% to Rs 1819.45 crore on a 12.05% growth in net sales to Rs 34772.90 crore in Q2 FY22 as against Q2 FY21.
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Also read: Patna metro rail project’s corridor 2 gains momentum
Also read: Patna metro rail project’s corridor 2 gains momentum