Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

L&T Construction bags large contracts for its Power Transmission & Distribution Business in Bangladesh

Posted On: 2021-01-19 23:54:21 (Time Zone: Arizona, USA)


The Power Transmission & Distribution Business of Larsen & Toubro has won a slew of Transmission Line orders in Bangladesh. The scope of these packages involves Design, Supply, Installation, Testing and Commissioning of Extra High Voltage Transmission Lines on turnkey basis.

A fast-growing economy in the region, Bangladesh has embarked on a programme to alleviate infrastructure deficiencies and upgrade its power system to sustain the growth. To cater to the power demand in emerging load centers and the Greater Dhaka region, several projects are afoot including construction of the country's first nuclear power plant.

"As Bangladesh aims to achieve universal electricity access this year, the enhancement of power transfer capacity will improve the reliability and efficiency of the country's grid and facilitate integrated development of its capital and the economic growth centers. These projects also will give a fillip to the cross-border electricity trade. The recent wins strengthen the leadership position of our business that caters to Power Transmission & Distribution and Renewables EPC projects in the region", said Mr. T. Madhava Das, WholeTime Director & Senior Executive Vice President (Utilities).

L&T's Power Transmission and Distribution business vertical is a leading EPC player in the field of power transmission & distribution and renewable energy. It offers integrated solutions and end-to-end services, ranging from design, manufacture, supply, installation and commissioning of transmission lines, substations, underground cable networks, distribution networks, power quality improvement projects, infrastructure electrification, fiber-optic backbone infrastructure, solar photovoltaic (PV) plants including floating solar, battery energy storage systems, mini I micro grid projects and related digital solutions. Besides being a dominant player in the Indian subcontinent, the business enjoys a significant share and a strong reputation in the SAARC, Middle East, Africa and the ASEAN regions.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1370 as compared to the previous close of Rs. 1334.7. The total number of shares traded during the day was 313253 in over 9575 trades.

The stock hit an intraday high of Rs. 1381.85 and intraday low of 1336. The net turnover during the day was Rs. 429004227.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Aster Labs to provide Covid-19 RT-PCR test reports with QR codes to citizens travelling to Dubai

Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business

ICRA reaffirms long-term rating of Rashtriya Chemicals and Fertilizers Limited

TCS Among Top 5 Triple-A Trifecta Service Providers: HFS

Max Groups' MaxVIL launches Managed Office Space business 'WorkWell Suites', targets 2 lac sq. ft.

Shri Bajrang Alliance Limited's Agro Division is accredited with BRC CERTIFICATE

Zydus Cadila receives final approval from USFDA for Nortriptyline Hydrochloride Capsules

Gujarat Alkalies and Chemicals Ltd to avail ECB of $70 mn from SBI

L&T Technology Services selected by Airbus for Skywise Partner Programme

Jubilant Industries Ltd updates on restructuring proposal

Sun Pharma Launches Website for its Long-Term Care Portfolio in the U.S.

Angel Broking partners with Vested Finance empowering Indians to invest in US-based stocks

Bharti Airtel announces successful pricing of its $1.25 billion US$ Bond Offering

Max Life receives IRDAI nod for stake sale to Axis Bank Limited

Ashok Leyland Ltd to acquire balance 38% in Hinduja Tech Ltd

Wipro launches Cisco Business Unit marking 25 years of partnership with the company

CSL Signs MoUs with DCI and IHC Holland BV for construction of World-Class Dredgers

Badass Devika wins hearts in ALTBalaji and ZEE5's Dev DD 2, a must watch without doubt

Just Dial launches its exclusive B2B platform, Jd Mart

Indiabulls Real Estate Limited receives CCI, BSE, NSE and SEBI approval for merger

Rajapalayam Mills Limited board to consider terms of rights issue on Feb 27, 2021

Huhtamaki PPL Ltd Q4CY20 PAT slides to Rs. 5.08 crore

Sheshadri Industries Ltd posts Rs. 4.98 crore PAT in Q3FY21

MEP Infrastructure Developers Ltd receives LOA from NHAI for user fee collection at Sergarh Fee Plaza

H.G. Infra Engineering Limited has been declared as L1 bidder by NTPC Limited

Bhakti Gems and Jewellery Ltd launches antique gold jewellery studed with Swarovski Stone

Cyprium Therapeutics and Sentynl Therapeutics sign Development and Asset Purchase Agreement

Narendra Investments (Delhi) Limited board to consider preferential issue and acquisition of assets

Tirupati Starch & Chemicals Ltd board to consider preferential issue offer letter on Feb 25, 2021

Dredging Corporation of India signs MOU with Cochin Shipyard Ltd for construction of dredger

Huhtamaki India Ltd Board recommends dividend of Rs. 3 for CY2020

Aavas Financiers Limited reduces PLR by 15 basis points w.e.f April 1, 2021

IRB Infrastructure Developers Ltd hands over project to MSRDC

SMC Global Securities Ltd. lists its equity shares at stock Exchanges

Nokia and NIIT launch first-of-its-kind 5G certification program over a webinar with COAI

Affle (India) Limited board to consider QIP, fund raising on Feb 27, 2021

Wipro appoints Graziella Neuvéglise as Regional Head and Managing Director, Southern Europe

TCS Named in 2021 Gartner Market Guide for Retail Unified Price, Promotion and Markdown Optimization Applications

Wipro Names René Mulder as Country Head and Managing Director, Switzerland

Godawari Power and Ispat Ltd commences booking export order for high grade Iron Ore Pellets

IDBI Bank withdraws declaration of Nitin Fire Protection Industries Ltd as willful defaulter

IP Rings Ltd opens new facility at Maraimalai Nagar

Spandana Sphoorty Financial Limited approves issue of 12,000 NCDs

Thomas Cook India Launches India's first physical MICE event in partnership with Marriott

Dilip Buildcon Limited declares L1 bidder for two new HAM projects for Bangalore Chennai Expressway

Aditya Birla Fashion and Retail Ltd appoints Mr. Kumar Mangalam Birla as Chairman

GAIL India Ltd executes SPAs with NTPC Ltd

Lactose India Ltd allots 12.48 lakh shares on conversion of warrants

Aditya Birla Fashion and Retail Ltd announces strategic partnership with Tarun Tahiliani

Granules India Limited announces approval of Acetaminophen, Aspirin and Caffeine Tablets (OTC)



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020