Power Transmission and Distribution Business of L&T Construction Wins Orders Valued Rs. 1,881 Crore
The Power Transmission & Distribution Business of L&T Construction has received EPC orders worth Rs. 1,881 crore.
The business has secured major orders for constructing 22 132/11kV Substations in the State of Kuwait. Thanks to such substation networks, the large housing projects being developed by the Public Authority for Housing Welfare (PAHW) at South Al Mutala and South Abdullah Al-Mubarak cities will receive reliable power supply. The Ministry of Electricity it Water is the consultant for the project.
On the domestic front, orders were secured for implementation of a High Voltage Distribution System in the semi-urban and rural areas of Kharagpur and Midnapur in West Bengal.
Additional orders have been received from ongoing Transmission Line projects in India and Egypt.
Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1229.3 as compared to the previous close of Rs. 1259.15. The total number of shares traded during the day was 320281 in over 13933 trades.
The stock hit an intraday high of Rs. 1268.75 and intraday low of 1222. The net turnover during the day was Rs. 397947630.