Is there a way by which I can delete periodically the LDF file generated as it takes upto 100 gb of my space and I want to free that space. Is there a way a procedure can be written that periodically deletes this LDF file?
you definitely can't delete LDF file only shrink to initial size. Step to shrink are
stop replication (if any)
set database to simply recovery mode (if is set to other)
perform backup
perform shrink
Sql for step 1 you can find here (never used it) https://cavemansblog.wordpress.com/2012/03/12/startstop-sql-server-replication-agent/
Sql for step 2 https://msdn.microsoft.com/en-us/library/ms189272.aspx
USE master ;
ALTER DATABASE youdatabase SET RECOVERY SIMPLE ;
...
ALTER DATABASE youdatabase SET RECOVERY FULL ;
Sql for step 3 https://msdn.microsoft.com/en-us/library/ms186865.aspx
BACKUP DATABASE your_database TO DISK = 'place_your_path_here';
Sql for step 4 https://msdn.microsoft.com/en-us/library/ms189493.aspx, btw B is complete script for your needs :-)
DBCC SHRINKFILE (yourdabase_Log, 1);