Monday, June 27th, 2022

L&T Bags Uttarakhand Rail Project Of INR5,000 Cr

Larsen & Toubro bagged an order in the range of `2,500 crore to `5,000 crore from Rail Vikas Nigam.

The order entails heavy civil infrastructure work for a new broad-gauge line between Rishikesh and Karanprayag in the state of Uttarakhand, running through Himalayan terrain.

“Establishing a rail link between Rishikesh and Karanprayag will not only facilitate easy access to Uttarakhand’s pilgrimage sites, but also enable development of backward areas, connect new trade centres, and serve the resident population,” said SV Desai, whole time director and senior executive vice president (civil infrastructure).

The project is scheduled to be completed in 60 months.

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