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L&T Construction bags two contracts from NCRTC in UP

IBEF:  April 16, 2020

The Heavy Civil Infrastructure Business of L&T Construction has bagged two contracts to build Regional Rapid Transit System (RRTS) Infrastructure from National Capital Region Transport Corporation (NCRTC) in Uttar Pradesh.

The estimated size of deal size is in the range of Rs 1,000- 2,500 crore (US$ 143.08-357.70 million).

Under this project, company will execute a new, dedicated, high speed, high capacity rail system in the Delhi – Ghaziabad – Meerut Corridor. RRTS is distinct from metro transit systems as it caters to passengers travelling relatively longer distances with fewer stops and at higher speed, L&T said. The design speed for the project is 180 kmph with an average operational speed of 100 kmph, the company added.

 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.