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L&T Construction Wins Orders Valued Rs.2694 Crores

Posted On: 2017-04-17 19:16:24

The construction arm of L&T has won orders worth Rs. 2694 crores across various business segments.

The Water & Effluent Treatment Business as received engineering, procurement & construction orders worth Rs. 2227 crores.

Orders have been secured from Narmada Water Resource Water Supply and Kalpsar Department, Government of Gujarat for Kakrapar - Gordha - Vad Lift Irrigation, Kadana - Patadungri Lift Irrigation and Sauni Yojana Link-2 Package 4 projects.

The scope includes design and construction of pumping station with pumps, substations, transformers along with MS pipeline rising mains, an underground pipeline distribution network and other allied electro-mechanical works.

Another order has been bagged from Krishna Bhagya Jala Nigam Limited, Karnataka for Nandawadagi Lift Irrigation project. The scope of work includes construction of approach channel, sump & pump house with pumps, switchyard, transmission line and allied electromechanical equipment along with MS pipeline rising mains, delivery chamber and other ancillary works.

The business has also received additional orders from its various ongoing projects.

The Smart World Communication Business has received an order worth Rs. 180 Crores from Greater Vishakhapatnam Smart City Corporation Limited as System Integrator to implement smart city solutions for the city of Vishakhapatnam under the Smart City Mission.

The scope of work includes installation of citywide surveillance system, variable message boards, public address systems, wi-fi access points, data centre with disaster recovery, command control centre, collaborative monitoring and facility management system. The project also includes implementation of smart elements such as solid waste management system, smart transport, smart poles, smart lighting, environmental sensor and enterprise resource planning.

The Transportation Infrastructure Business has bagged an engineering, procurement and construction order worth Rs. 287 crores from the Ministry of Road Transport & Highways (MORTH) for two laning of the Helwak Karad Section of NH-166E in Maharashtra. The scope of work includes construction of 48.4 km of two lane carriageway with concrete pavement, one major bridge, 14 minor bridges and other associated works.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1678 as compared to the previous close of Rs. 1699.25. The total number of shares traded during the day was 79372 in over 3505 trades.

The stock hit an intraday high of Rs. 1695 and intraday low of 1672.3. The net turnover during the day was Rs. 133358091.


Source: Equity Bulls

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