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L&T Construction wins orders worth Rs 3,598 crore

L&T said its Heavy Civil Infrastructure Business, along with its partner, PES Engineers Pvt Ltd, has won a major order worth Rs 1,849 crore from the Irrigation and Command Area Development Department, Telangana government.

By: PTI | New Delhi | Published: July 7, 2016 1:12:47 pm
Larsen and Toubro, L&T, Larsen& & Toubro, BSE, bombay stock exchange, L&T stock filing, L&T business news “The construction arm of L&T has won orders worth Rs 3,598 crore across various business segments,” L&T said in a BSE filing.

Infrastructure major Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,598 crore across various business segments.

“The construction arm of L&T has won orders worth Rs 3,598 crore across various business segments,” L&T said in a BSE filing.

L&T said its Heavy Civil Infrastructure Business, along with its partner, PES Engineers Pvt Ltd, has won a major order worth Rs 1,849 crore from the Irrigation and Command Area Development Department (I&CAD) of the Telangana government.

“The project is for the construction of a barrage with radial gates, hoisting arrangements including formation of guide bunds on either side of the barrage across river Godavari at Medigadda, Mahadevapur, in Karimnagar district of Telangana,” it added.

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The company also bagged Rs 1,043 crore worth of engineering, procurement and construction orders under its Water & Effluent Treatment Business vertical from the Water Resources Department of Madhya Pradesh and Ahmedabad Municipal Corporation (AMC) of Gujarat.

L&T said Building & Factories Business secured an order worth Rs 394 crore from a reputed IT major for construction of software development blocks, and its Power Transmission & Distribution Business has bagged engineering, procurement and construction orders worth Rs 312 crore in the international market.

The stock of Larsen & Toubro was trading 0.81 per cent lower at Rs 1,561.95 on BSE.

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