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L&T’s construction arm secures order from Coal India’s subsidiary

17 Sep 2020 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured an order for its Metallurgical and Material Handling Business from Northern Coalfields, a subsidiary of Coal India (CIL), for a coal processing and load out package to be installed at the Dudhichua Mines located in Uttar Pradesh. CIL envisions production to touch 1 Billion Tonne (Bt) by 2023-24 to meet the country's demand for coal.

The scope of work involves EPC for a double stream coal sizing and transportation system covering semi mobile sizing system, high capacity specialty conveyors, and an automated loading system. The business has also secured new and add-on orders from its existing customers. The business continues to build customer confidence and maintain leadership position in the space they operate. 

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Peers
Company Name CMP
Larsen & Toubro 3936.80
Kalpataru Projects 1430.80
Rail Vikas Nigam 206.55
KEC International 411.30
NCC 142.85
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