L&T receives orders worth ₹2,500 crore across business segments
PremiumL&T's building and factories business has secured another order from a leading cement manufacturer to construct a 3.5 MTPA brownfield cement plant in Nimbahera, Rajasthan.
Larsen & Toubro (L&T) on Friday said its construction arm has received multiple orders across business segments in the domestic and international market.
The company did not provide the value of the contracts but said the orders fall under the "significant" category, which ranges between ₹1,000 crore and ₹2,500 crore according to the classification of contracts.
TRENDING STORIESSee All
Premium Karnataka CM Yediyurappa calls an emergency meet on Covid-19 situation
1 min read . 08:56 AM IST
Premium PPF account maturity period should be lowered, SBI report suggests
2 min read . 11:26 AM IST
"The construction arm of L&T has secured orders from prestigious clients for its various businesses," L&T said in a regulatory filing.
The company said its power transmission and distribution business has won orders to design and construct two 132/11kV substations in Dubai, UAE.
L&T's building and factories business has secured another order from a leading cement manufacturer to construct a 3.5 MTPA brownfield cement plant in Nimbahera, Rajasthan.
The company added that the railways strategic business unit that resides within the transportation infrastructure business has won an order from the Central Organisation for Railway Electrification (CORE).
"This engineering, procurement and construction (EPC) package... involves 25 KV overhead electrification, power supply, signaling and telecommunication and associated works for railway lines in the Northeast Frontier Railway," L&T added.
Shares of L&T were trading 1.07 per cent higher at ₹1,389.30 apiece on the BSE.
Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.