Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3856.05
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L&T’s arm bags orders worth Rs 1286 crore across various business segments

Date: 27-01-2017

Larsen & Toubro’s (L&T) construction arm -- L&T Constructions has bagged orders worth Rs 1286 crore across various business segments. Under the Heavy Civil Infrastructure Business, the company has bagged orders worth Rs 1071 crore. A major breakthrough order in the underground metro space has been secured from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company for the design and construction of underground stations and associated tunnels for Package 2 in East-West corridor of the Ahmedabad metro project.

Another order has been bagged from a prestigious client for the construction of an iron ore berth at Paradip, Odisha. The scope of work includes 30m deep sheet pile driving, wagon tippler construction using coffer dam technology and ground improvement for stacker reclaimer. An order has also been won for the construction of a technology-driven intake well structure using diaphragm wall technology at Purushotapatnam, Andhra Pradesh.

Under the Building & Factories Business, the company has received an order worth Rs 215 crore from a renowned client for the construction of a paint manufacturing facility at Vizag, Andhra Pradesh. The scope of work includes civil and allied structural works for the facility.