MoneyWorks4Me

L&T’s arm bags order worth Rs 2442 crore from Bharat Sanchar Nigam

01 Jul 2014 Evaluate

The Power Transmission & Distribution Business of L&T Construction, subsidiary of Larsen and Toubro (L&T) has secured a major contract worth Rs 2442 crore from Bharat Sanchar Nigam, the project implementation agency for the Ministry of Defence. The contract is for supply, trenching, laying, installation, testing and commissioning of Optical Fiber Cable (OFC) Network which will establish exclusive optical national long distance backbone and optical access routes for the defence network. The scope largely covers OFC routes in central and southern India.

The project will be handled on a turnkey basis, intended for rollout of a nationwide OFC network which will be owned and operated by the Defence Services. This mega network will be deployed with state-of-the-art fibre optic cable technology which will form the backbone of optical highway infrastructure and serve as a highly resilient and reliable communication media for the defence sector.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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