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25 April, 2024 18:56 IST
Larsen & Toubro wins orders worth Rs 25.25 bn
Source: IRIS | 12 Sep, 2017, 10.08AM
Rating: NAN / 5 stars.
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The construction arm of Larsen & Toubro (L&T) has won orders worth Rs 25.25 billion across various business segments.

The Metallurgical & Material handling Business has bagged orders worth Rs 22.71 billion in the domestic market to strengthen its presence in the Metallurgical sector.

An engineering, procurement & construction order has been secured for setting up a non-ferrous process plant in India, against stiff global competition. The scope of the work involves design, engineering, procurement, installation, construction & commissioning of various sub units of the process plant and other associated works. The business has secured another order for manufacturing & supply of material handling equipment for multiple customers.

Other business segments of L&T construction have won orders worth Rs 2.54 billion.

The Power Transmission & Distribution Business has bagged an order from Electricity Generating Authority of Thailand (EGAT). The scope of works include supply and construction of a 500/230kV Gas Insulated Substation and improvement works in two 230kV Gas Insulated Substations. The business has bagged this prestigious order for the highest voltage level GIS in the region along with a consortium partner.

The Smart World & Communication Business has received an order from Electronics Corporation of Tamil Nadu (ELCOT) for the supply, installation, commissioning, configuration, testing and O&M of the existing Tamil Nadu State Data Centre (TNSDC) Phase-I. The scope of work includes setting up of a data center with up-gradation of IT infrastructure such as servers, network routers & switches and related software.

Shares of the company gained Rs 5.65, or 0.46%, to trade at Rs 1,222.55. The total volume of shares traded was 46,714 at the BSE (9.56 a.m., Tuesday).

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