The transportation infrastructure and water & effluent treatment businesses of L&T Construction have jointly bagged three EPC orders worth Rs 22.65 billion from Andhra Pradesh Capital Region Development Authority (APCRDA).

The scope of work includes investigation, design & construction of roads, drains, culverts, water supply, sewerage, sewerage treatment plants, utility ducts for power & ICT; reuse waterline & avenue plantation for land pooling schemes in Zones-6, 7 and 10 areas of Amaravati Capital City. The order has been bagged by L&T against stiff competition. This order strengthens L&T's presence in the Amaravati Capital region of Andhra Pradesh.

The project will provide state-of-the-art infrastructure to the city of Amaravati including wide trunk roads with flexible and rigid pavements, along with multiple facilities like cycle track, sidewalks & smart street lighting, ICT etc.

"Amaravati is fast developing into a world-class city and we are proud to be part of its growth story," said S. N. Subrahmanyan, CEO and MD, Larsen & Toubro. "This order reinforces trust and confidence that the Government of Andhra Pradesh has on Larsen and Toubro to execute large projects to quality and in time. We are grateful to APCRDA for giving us this opportunity to execute an infrastructure project of this magnitude, which will immensely benefit the residents of Amaravati," he added.

The package is part of the master plan to develop Amaravati into a Smart city with infrastructure on par with the best in the world.

Shares of the company gained Rs 9, or 0.68%, to trade at Rs 1,323.50. The total volume of shares traded was 66,185 at the BSE (9.54 a.m., Monday).