L&T bags Rs287 cr order from MMRDA

L&T bags Rs287 cr order from MMRDA


Mumbai: Engineering and construction major Larsen & Toubro said on 19 December it has secured an order worth 287 crore from Mumbai Metropolitan Region Development Authority (MMRDA) for construction of an elevated road.

Under the order, the company will construct elevated access road from Western Express Highway, Mumbai, to the Chatrapathi Shivaji International Airport (CSIA), L&T said in a filing to the Bombay Stock Exchange.

The project is scheduled to be completed in 30 months.

The scope of work involves design and construction of 1.85km long 6-lane corridor, resurfacing of roads at Western Express Highway including construction of a 1.15km long, 6-lane elevated access road as well as one 165 m long tunnel.

Pursuant to the completion of this order, there would be easy and quick access to and from Chatrapathi Shivaji International Airport being developed by Mumbai International Airports Ltd, the company statement added.

The firm’s shares were trading at Rs4,020.05, up 1.32% on the BSE in the morning.