L&T
L&T gains 3% after securing Assam water management project
Mumbai/IBNS: Shares of Larsen & Toubro Ltd. rose over 3% on Wednesday after the company announced it had secured a major water management project in Assam, media reports said.
The stock was up 3.36% at ₹3,635.10 as of around 11 am. The order has been awarded to L&T’s Water & Effluent Treatment (WET) business vertical by the Guwahati Metropolitan Drinking Water & Sewerage Board.
The project aims to deliver a 24x7 safe and continuous water supply to households in South-East Guwahati, improving the reliability of the city’s water infrastructure.
The scope of work includes design, supply, installation, construction, testing, and commissioning of key components such as a barge-mounted intake system, raw water rising main, water treatment plant, reservoirs, booster pumping stations, and a distribution network with household connections.
It also involves the deployment of an integrated SCADA system for real-time monitoring and performance management, along with operations and maintenance for five years.
This order further strengthens L&T’s presence in the Northeast and reinforces its commitment to delivering sustainable and efficient water solutions across key regions.:
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.
