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25 April, 2024 09:31 IST
Larsen & Toubro bags JV order worth Rs 7.05 bn
Source: IRIS | 27 Mar, 2017, 10.39AM
Rating: NAN / 5 stars.
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The Water & Effluent Treatment business segment of the construction arm of Larsen & Toubro (L&T) has won an order worth Rs 7.05 billion. The project will be executed by L&T in a Joint Venture with Shriram EPC.

This engineering, procurement and construction order has been secured from the Ministry of Water and Irrigation of the United Republic of Tanzania for the extension of the water transmission pipeline from the Lake Victoria Water Supply scheme to Tabora, Nzega and Igunga Towns, Package II.

The scope of work involves survey, design, procurement, construction and installation of pumping systems, rising and gravity / main lines, elevated and ground level storage reservoirs, branch lines, distribution network and water kiosks to provide water to Tabora town and 33 other villages that are enroute.

Shares of the company declined Rs 6.05, or 0.39%, to trade at Rs 1,545.30. The total volume of shares traded was 18,984 at the BSE (10.28 a.m., Monday).

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