MoneyWorks4Me

L&T bags contract worth Rs 646.56 crore from Odisha government

08 Aug 2013 Evaluate

Larsen and Turbo (L&T) has bagged contract worth Rs 646.56 crore from the water resources department of Odisha government. The order is for supply of equipment and construction of 28 mega lift irrigation projects in Tel River basin. This will provide irrigation facility in 35,400 ha farm fields of drought prone districts of Kalahandi, Bolangir, Subarnapur and Boudh districts.

Out of five clusters selected for implementation in the first phase, the company has been awarded contract for two clusters. The government has plans to cover 15 clusters with an estimated cost of Rs 3,000 crore for 174 lift irrigation projects.

These projects are expected to be completed within 30 months from the date of signing of agreement.

Peers
Company Name CMP
Larsen & Toubro 3620.50
Kalpataru Projects 1403.00
NCC 119.95
Rail Vikas Nigam 187.10
KEC International 349.85
View more..