L&T bags Rs 287 cr order from MMRDA

MUMBAI: Engineering and construction major Larsen & Toubro said on Wednesday it has secured an order worth Rs 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 1.85 km long 6 lane corridor, resurfacing of roads at Western Express Highway including the construction of a 1.15 km 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.
    
Shares of the company were trading at Rs 4020.05, up 1.32 per cent on the BSE in morning trade.