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20 June, 2019 02:53 IST
Larsen & Toubro bags EPC orders worth Rs 18.81 bn
Source: IRIS | 08 Oct, 2018, 01.44PM
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The Power Transmission & Distribution Business of L&T Construction has received EPC orders worth Rs 18.81 billion.

The business has secured major orders for constructing 22 132/11kV Substations in the State of Kuwait. Thanks to such substation networks, the large housing projects being developed by the Public Authority for Housing Welfare (PAHW) at South Al Mutala and South Abdullah Al-Mubarak cities will receive reliable power supply. The Ministry of Electricity it Water is the consultant for the project.

On the domestic front, orders were secured for implementation of a High Voltage Distribution System in the semi-urban and rural areas of Kharagpur and Midnapur in West Bengal.

Additional orders have been received from ongoing Transmission Line projects in India and Egypt.

Shares of the company declined Rs 14.45, or 1.18%, to trade at Rs 1,214.85. The total volume of shares traded was 239,196 at the BSE (1.34 p.m., Monday).

Larsen & Toubro Limited   (Q,N,C,F)*

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