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MoneyWorks4Me

L&T’s construction arm secures orders for varied businesses

04 Dec 2019 Evaluate

Larsen & Toubro’s (L&T) construction arm has secured orders from prestigious clients across various Indian states for its varied businesses.

The Power Transmission and Distribution business has secured various orders both in India and overseas. In Maharashtra, an empanelment and rate contract has been awarded to provide off-grid DC solar photovoltaic water pumping systems with standalone lighting systems for farmers in the Aurangabad, Nashik and Pune revenue divisions. In the United Arab Emirates, the business has secured an order for the design, supply and construction of a 132kV substation project with associated 132kV cabling works from one of the government utilities. Additional orders have been won in ongoing projects in the Middle East.

The Transportation Infrastructure business has secured a major add-on order from an existing client in Qatar for an Expressway. Additionally, various add-on orders have been received by some existing projects in the Water and Effluent Treatment (WET) and Metallurgical and Material Handling (MMH) businesses.

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 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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