Breaking News

You are here » Indian-Commodity  :  Top News  :  L&T's construction arm bags order worth Rs 3,191 crore

25-May2018

L&T's construction arm bags order worth Rs 3,191 crore

Larsen & Toubro's (L&T) construction arm - L&T Construction's Transportation Infrastructure business has won a major Design & Build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3191 crore for Electrical & Mechanical Systems Package of Dhaka Mass Rapid Transit Development Project (MRT – Line 6). The project is scheduled to be completed within stringent timelines followed by maintenance support service for a period of 6 years.

Line 6 is the first route of the Mass Rapid Transit system in Bangladesh. The project is funded by the Japan International Corporation agency (JICA) through bilateral aid from Japan to Bangladesh. L&T has secured the order in Joint Venture (JV) with Marubeni Corporation (Japan) through an international competitive bidding process. The 20 km Line 6 is an elevated metro rail system connecting Uttara and Motijheel in Dhaka, passing through Pallabhi and Mirpur, with 16 stations and a Maintenance Depot.

The Electrical & Mechanical system is a design & build package and involves the construction of ballastless track work in Mainline (43 TKM), ballasted track work in Depot (19TKM), eight 1500V DC Traction Sub Stations (TSS), Feeder Messenger Type DC Overhead Catenary System (OCS), Energy Storage System (ESS), Communication Based Train Control (CBTC) Signaling system, Telecommunication system and Radio Communication based on LTE, Automatic Fare Collection System, Platform Screen Doors, Lifts, Escalators and overall system integration.


Related News

View all news

Crude oil futures end lower on Friday

Crude oil futures ended lower on Friday on concerns about global energy demand. However, US prices managed to tally a gain for the week, their third in a row, as OPEC output cuts and US sanctions on Venezuela......

Gold futures finish higher on Friday

Gold futures finished higher on Friday, due to increased safe haven buying of market participants followed by subdued economic data from the euro zone, exacerbating global growth fears. Gold futures for......

Copper futures end lower on global growth concerns

Copper futures ended lower on Friday as weak European and US factory data spread gloom about the global economic outlook and strengthened the dollar. Reports showing Factory activity in the 19-country......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......