June 17, 2024 17:50 (IST)
Follow us:
L&T Construction wins orders valued Rs 1,672 crores
Mumbai, Mar 15 (IBNS) The Construction arm of Larsen & Toubro Limited (L&T Construction) has won orders worth Rs 1,672 crores across its various businesses.
The company's Buildings & Factories business has bagged new orders worth Rs 967 crores.
It bagged an order from UP Avas Vikas Parisad for the engineering, procurement and construction of a multi-storied residential project in Lucknow. The scope involves civil, structural, mechanical, electrical, plumbing and finishes.
The business received another turnkey order from a leading developer in Mumbai for the construction of a multi-storied residential building and retail space. The scope involves civil, structural, mechanical, electrical, plumbing and finishes.
The Power Transmission & Distribution business (PT&D) has bagged new orders worth Rs 580 crores in the international markets.
The business has secured a breakthrough EPC order in Ethiopia from the Ethiopian Electric Power for the construction a 400/230/15 kV substation and three 230/15 kV substations at various locations. These substations will be critical in improving the energy infrastructure of the country. The project is funded by the French Development Agency.
PT&D has also received an order in South East Asia from a reputed customer for the establishment of a high-voltage substation, which will be executed on an engineering, procurement and construction basis.
Additional orders worth Rs125 crores have also been received from ongoing jobs of L&T Construction’s Water & Effluent Treatment business.
Larsen & Toubro (I&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion in revenue. It operates in over 30 countries.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
CII President Sanjiv Puri feels India will be third-largest economy in next few years Mon, Jun 17 2024
SoftBank develops AI-driven voice tech to deal with angry customers Fri, Jun 14 2024
PNB MetLife announces Rs 930 cr benefitting 5.82 lakh customers Fri, Jun 14 2024
Adani Enterprises promoters raise stake to 73.95% in the company Fri, Jun 14 2024
Hyundai to liquidate 17.5% stake in Hyundai Motor India to raise up to $3 billion via IPO Fri, Jun 14 2024
Vodafone Group to sell entire $2.3 bn stake in Indus Towers Fri, Jun 14 2024
Bisk Farm introduces two new products in its 'Eat Fit' range Thu, Jun 13 2024