L&T’s construction arm wins orders worth over Rs 1,700 crore
The company won orders across various business verticals such as Heavy Civil Infrastructure business, water and effluent treatment business and others.
The construction arm of Larsen & Toubro (L&T) announced on Tuesday that it has won orders worth Rs 1,726 crore across various business segments.
The company’s Heavy Civil Infrastructure Business has secured an order worth Rs 687 crore in the defence sector. While the smart world and communication business has secured an order worth Rs 421 crore from Bharat Sanchar Nigam Limited (BSNL) for engineering, supply, installation, commissioning, operation and maintenance of Wi-Fi hotspots and Wi-Fi offload systems on turnkey basis for the southern and western states of India. The scope of work includes installation of Wi-Fi Access Points (AP), provisioning of bandwidth connectivity to the access points and integration with the existing network.
The water and effluent treatment business has won an engineering, procurement and construction order worth of Rs 245 crore from Pune Municipal Corporation. The project scope involves design, procurement and construction of 63 number of RCC elevated storage reservoirs ranging from 0.5 ML to 4.5 ML, 19 number of RCC ground level storage reservoirs ranging from 0.5 ML to 17.0 ML and related infrastructure works for Pune city.
The power transmission and distribution business has bagged engineering, procurement and construction orders worth Rs 373 crore. An order has been secured under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) from Odisha Power Transmission Corporation Ltd. (OPTCL).
The scope includes electrification works in the WESCO utility areas of Odisha. Another order has been received from Power Grid Corporation of India for the construction of 400kV Double Circuit Mundra – Bhuj Transmission Line in the state of Gujarat.
The shares of L&T on BSE at 10:16 hours were trading down 0.53% or Rs 7.85, at Rs 1,472.35 per piece.