  We reanalyze the dataset collected during the years 1998--2003 by the deep
underwater neutrino telescope NT200 in the lake Baikal with the low energy
threshold (10 GeV) in searches for neutrino signal from dark matter
annihilations near the center of the Milky Way. Two different approaches are
used in the present analysis: counting events in the cones around the direction
towards the Galactic Center and the maximum likelihood method. We assume that
the dark matter particles annihilate dominantly over one of the annihilation
channels $b\bar{b}$, $W^+W^-$, $\tau^+\tau^-$, $\mu^+\mu^-$ or $\nu\bar{\nu}$.
No significant excess of events towards the Galactic Center over expected
neutrino background of atmospheric origin is found and we derive 90% CL upper
limits on the annihilation cross section of dark matter.
