MoneyWorks4Me

L&T’s arm bags order worth Rs 1,425 crore

23 May 2018 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Transportation Infrastructure business has bagged an order worth Rs 1,425 crore.

The business has secured an order from a prestigious private client for the construction of eight lane Vadodara - Kim Expressway, package I (part of Vadodara Mumbai Expressway) in the state of Gujarat.

The project is to be completed in stringent timeline and involves the construction of 23 Km approximately of eight lane rigid pavement carriageway, 1.6 Km of connecting road, 6 flyovers, 2 interchanges, 2 rail over bridges, 3 major bridges, 8 minor bridges and 18 vehicular/pedestrian/cattle underpasses.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.


Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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