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26 April, 2024 14:32 IST
Larsen & Toubro bags orders worth Rs 26.54 bn
Source: IRIS | 03 Sep, 2018, 10.44AM
Rating: NAN / 5 stars.
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The construction arm of Larsen & Toubro (L&T) has won orders worth Rs 26.54 billion across various business segments.

The transportation infrastructure business has bagged a new order worth Rs 20.95 billion from Maharashtra State Road Development Corporation Ltd (MSRDC), for the construction of Package 10 of the Six-lane Nagpur Mumbai Super Communication Expressway (District Aurangabad: From Village Fatiwabad to Village Surala) in the state of Maharashtra.

This project is to be completed in 30 months and involves construction of 57.95 KMs of six-lane rigid pavement carriageway, 12.77 Km of service roads, 6.4 Km of cart tracks, 3 Interchanges, 1 ROB, 4 major bridges, 5 canal bridges,19 minor bridges / canal bridge, 79 culverts, 1 VOP and 49 vehicular/pedestrian/cattle underpasses.

The heavy civil infrastructure business has bagged an order worth Rs 5.59 billion from Maharashtra State Road Development Corporation (MSRDC) for construction of the Thane Creek Bridge-III. The project involves construction of a 1.837 Km dual bridge across the Thane Creek Channel connecting Mumbai and Navi Mumbai.

This will be the third bridge to be constructed across Thane Creek channel with the existing Bridge No-2 saturated to traffic and Bridge No-1 being closed to traffic due to its poor condition. This bridge once constructed will provide seamless connectivity between Mumbai and Vashi. 

Shares of the company gained Rs 14.95, or 1.09%, to trade at Rs 1,384.05. The total volume of shares traded was 72,776 at the BSE (10.34 a.m., Monday).



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