L&T Constructions Wins Rs 3,799 Crore Order For Dedicated Freight Corridor
A consortium of Larsen and Toubro Ltd. and Japan's Sojitz Corp has won an order worth Rs 3,799 crore from the Dedicated Freight Corridor Corporation of India Ltd.
“The order involves construction of civil, track works, overhead electrification, traction substations, signalling and telecommunication line on the 128-kilometre stretch between Rewari and Dadri in Uttar Pradesh,” L&T said in a stock exchange filing.
The project is located at the northern end of the western corridor and forms a link between the eastern and western corridors. The whole section of 128 km is a detour and a greenfield project.
Under the project, L&T will construct 1,042 kilometres of track in the 1,464-kilometre long western corridor. The company will also be involved in electrifying the entire western corridor between Dadri and Jawaharlal Nehru Port Trust (JNPT).
Dedicated Freight Corridor Corporation of India is a special purpose vehicle of Indian Railways, mandated to build dedicated freight corridors.
Shares of Larsen and Toubro were trading higher by 2.2 percent at Rs 1,470.45 per share as of 2:30 p.m.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
