-120.45 (-3.06%) Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders from prestigious clients for various businesses. The company’s Metallurgical and Material Handling (MMH) business has received orders to construct a metallurgical plant in the domestic market, add on orders from an overseas package and product supply orders from various customers. Traction in metal prices gives a good outlook for the business in the near and medium term and
The company’s Power Transmission & Distribution Business has won an Engineering, Procurement, Construction and Commissioning (EPCC) Contract to construct a 500kV Transmission Line in Malaysia that comes at the heels of the successful completion of a similar 500kV project in West Malaysia. The proposed overhead line will facilitate power evacuation from an upcoming Combined Cycle Power Generating facility in the region.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.