MoneyWorks4Me

L&T’s construction arm bags orders worth Rs 1,881 crore

08 Oct 2018 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Power Transmission & Distribution Business has received EPC orders worth Rs 1,881 crore. The business has secured major orders for constructing 22 132/11kV Substations in the State of Kuwait.

On the domestic front, orders were secured for implementation of a High Voltage Distribution System in the semi-urban and rural areas of Kharagpur and Midnapur in West Bengal.

Additional orders have been received from ongoing Transmission Line projects in India and Egypt.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.


Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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