L&T Construction Wins Large Order from Rail Vikas Nigam Ltd.
The construction arm of Indian multinational Larsen & Toubro (L&T) has bagged Large* order for its Heavy Civil Infrastructure business from Rail Vikas Nigam Limited (RVNL).
The order is for Package 4 of New Broad-Gauge Line between Rishikesh and Karanprayag in the State of Uttarakhand, India.
As per L&T’s press release today, the scope of the project includes “construction of tunnels, formation, construction shaft, and other ancillary works between Rishikesh and Karanprayag“. The timeline for completion of project is 60 months.
Value is in between Rs. 2,500 to 5,000 Cr. (*Large Project as defined by L&T) as mentioned in the press release of L&T dated 18th January 2021.