Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
25 April, 2024 16:40 IST
L&T Construction bags orders worth Rs 25.21 bn
Source: IRIS | 30 Dec, 2014, 09.44AM
Rating: NAN / 5 stars.
Comments  |  Post Comment

The Building & Factories business of L&T Construction has bagged orders worth Rs 25.21 billion in the month of December' 14 in both the domestic and international markets.

L&T Oman LLC, a subsidiary of L&T, has won a prestigious order from the ministry of transport & communications, Sultanate of Oman, for the construction of a new passenger terminal at Duqm Airport in Oman. The scope of work includes constructing a modern passenger terminal building with a capacity to handle 500,000 passengers per annum, a 37-metre high air traffic control tower, and an air cargo terminal equipped to handle 25,000 tons of cargo per annum.

The subsidiary also bagged an order from Oman Tourism Development Company (OMRAN); the Sultanate’s leading tourism and mega real-estate developer, for the turnkey construction of a 4-star Hotel at Oman Exhibition and Convention Center.

In the domestic market, a major order has been secured from a leading developer for the design and construction of residential apartments at Bangalore. The scope of works includes civil, structural, mechanical, electrical, plumbing and finishing works.

Another order has been received from a reputed client for the construction of 10 high end residential towers in Mumbai. The scope includes civil, structure and associated works.

Shares of the company gained Rs 15.2, or 1.02%, to trade at Rs 1,507.50. The total volume of shares traded was 28,011 at the BSE (9.33 a.m., Tuesday).

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer