L&T’s construction division bags Rs 2164 crore worth of road project

13 Dec 2011

L&T’s construction division has bagged a major order valued at Rs 2,164 crore in its infrastructure segment from GMR Infrastructure. The order is for construction of stretches consisting of six laning of Kishangarh Udaipur Ahmedabad Highway. The development would be executed on EPC (Engineering, Procurement & Construction) basis.

The Kishangarh Udaipur Ahmedabad project - a mega project part of Phase V of the National Highways Development Programme (NHDP) of the National Highways Authority of India (NHAI) - is for upgrading the existing four lane section of golden quadrilateral to six lane. The National Highway-8 (NH-8) connects the National Capital, Delhi and Business Capital of India, Mumbai.

L&T Construction recently bagged new orders valued at Rs 2700 crore across various businesses during October-Nov 2011. In the Buildings and Factories segment, the company secured new orders worth Rs 1109 crore from reputed customers for the construction of a major residential complex consisting of 23 towers of up to 29 stories. The company has also bagged an order for the construction of a warehouse facility. In the Infrastructure segment, orders valued at Rs 353 crore has been secured for the construction of a viaduct, including two station buildings, for Kolkata Metro railway.

Related Larsen & Toubro Ltd. Links:

Larsen & Toubro Share Price

1514.50 -10.40 (-0.68%) Feb 25, 11:13
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1514.50
Rail Vikas Nigam 30.50
KEC International 431.05
NCC 91.40
PNC Infratech 264.55
View more..
Sensex vs Larsen & Toubro
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback