Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3783.90
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L&T’s construction arm bags orders worth Rs 4,033 crore

Date: 22-05-2018

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Buildings & Factories business has bagged orders worth Rs 4,033 crore.

Buildings & Factories IC has won order from a reputed government client for the design & construction of 1,125 numbers of Residential towers of Ground plus 3 floors under PMAY Scheme at Visakhapatnam, Prakasam, Guntur, and Krishna Districts in Andhra Pradesh, to be completed within stringent timelines.

The company has also bagged another order from a leading cement manufacturer for the construction of cement plants in Odisha and Andhra Pradesh on the design and build model. Besides, the business has also bagged another turnkey order from a government client in Patna (Bihar) to establish a cancer institute along with the supply, installation and commissioning of medical equipment.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.