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L&T Construction wins orders worth Rs 26.74 bn
Source: IRIS | 22 Apr, 2015, 02.34PM
Rating: NAN / 5 stars.
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Larsen & Toubro (L&T), an engineering and construction conglomerate, announced that L&T Construction has won orders worth Rs 26.74 billion across various business segments.

In the Transportation Infrastructure Business, a major order has been received from a private infrastructure developer for the engineering, procurement and construction (EPC) of four- laning of the Hospet-Chitradurga road section in Karnataka under the National Highways Development Project (NHDP) Phase III.

The Power Transmission & Distribution Business has bagged an EPC order from a reputed oil refinery company in Middle East for the enhancement of their existing electrical facilities.

The Solar Business has received orders for the turnkey construction of solar photovoltaic power plants from multiple private solar developers.

Additional orders have also been received from ongoing jobs of other businesses of L&T Construction.

Shares of the company gained Rs 14.1, or 0.83%, to trade at Rs 1,703.50. The total volume of shares traded was 90,315 at the BSE (2.28 p.m., Wednesday).

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