Last Modified: Mon, Mar 27 2017. 11 42 AM IST

Larsen & Toubro’s arm bags Tanzania order worth Rs705 crore

The water and effluent treatment business of Larsen & Toubro’s construction arm wins an order by Tanzania’s ministry of water and irrigation worth Rs 705 crore

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The shares of L&T were trading 0.28% lower at Rs1,547 on the BSE on Monday morning. Photo: Mint
The shares of L&T were trading 0.28% lower at Rs1,547 on the BSE on Monday morning. Photo: Mint

New Delhi: Engineering major Larsen & Toubro Ltd (L&T) on Monday said its construction arm has bagged an order worth Rs705 crore.

“The water and effluent treatment business of the construction arm of L&T has won an order worth Rs 705 crore,” L&T said in a Bombay Stock Exchange (BSE) filing.

The project, awarded by Tanzania’s ministry of water and irrigation, will be executed by L&T in a joint venture with Shriram EPC. The shares of L&T were trading 0.28% lower at Rs1,547 on the BSE.

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First Published: Mon, Mar 27 2017. 11 42 AM IST