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L&T Construction awarded contract for water supply and distribution in Sri Lanka

Posted On: 2019-06-19 12:19:33

The Construction arm of L&T has secured orders from prestigious clients in Sri Lanka and from within India.

Water and Effluent Treatment:

An EPC order has been bagged from the National Water Supply & Drainage Board for the execution of the Kundasale Haragama water supply project in Sri Lanka's Kandy district.

Funded by Exim Bank of India and Bank of Ceylon and envisaged to provide drinking water to approximately 3.3 lakh people, the project scope includes design, construction, commissioning and 0&M of an intake structure, 55 MLD water treatment plant, 73 km of transmission mains, 19 Service Reservoirs of total capacity 16.2 ML, 9 Pump Houses, 280 Kms. distribution mains and associated electrical, mechanical & instrumentation works. The project also involves automation including measurement of input & output water quantity through suitable SCADA & other instrumentation works.

The order is in sync with the business's strategy to expand into select SAARC and other international markets.

The GeoStructure business has secured an order from BPCL for ground improvement of tank foundation area, using stone columns of 800mm dia and around 1.6 lakh RM, at Krishnapatnam, Andhra Pradesh. The business has secured another order from CMRL for construction of balance works of cut and cover section in the Phase 1 extension works.

Various add-on orders have been secured across different businesses for some of their existing projects.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1504.95 as compared to the previous close of Rs. 1499. The total number of shares traded during the day was 91668 in over 3322 trades.

The stock hit an intraday high of Rs. 1519 and intraday low of 1498. The net turnover during the day was Rs. 138182819.


Source: Equity Bulls

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