-65.00 (-1.69%) Larsen & Toubro’s (L&T) construction arm -- L&T Construction -- has bagged EPC orders worth Rs 2,440 crore through Power Transmission & Distribution business unit.
A major order is received under the Saubhagya scheme. The scope of these packages involves electrification works in urban and rural areas, augmentation of 33/11kV substations and replacement of conductors with aerial bunched cables. Besides, an order secured from the Department of Disaster Management for the construction of underground power cable network on turnkey basis in the eastern region of India.
Besides, Power Transmission & Distribution business unit also received order to build grid-connected rooftop solar plants in government buildings under the ‘Alo Shree’ scheme and another order for supply, erection, testing and commissioning of 400kV double circuit transmission lines on a turnkey basis in the southern region of India.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.