-65.00 (-1.69%) Larsen & Toubro (L&T) has delivered two more High Speed Interceptor Ships (C-433 and C-434) to Indian Coast Guard at the company’s Kattupalli Shipyard, near Chennai, seven months ahead of contractual schedule. This is part of the two contracts being executed by L&T for design and construction of 54 Interceptors to Indian Coast Guard, valued at Rs 1424 crore. The company had won the order against Global competition. With these two, 34 Interceptors have been delivered by the company, so far.
Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.