L&T secures orders from prestigious clients

The construction arm of L&T has secured orders from prestigious clients for its various businesses.

The Heavy Civil Infrastructure business of L&T Construction has secured an EPC order to construct a New Four-lane Bridge (parallel to the existing Vikramshila Setu) from Km 8+080 to Km 14+309 including approaches across river Ganga on the newly declared NH-131B at Bhagalpur in the state of Bihar.

The project is scheduled to be completed in 48 months.

The Water & Effluent Treatment business of L&T Construction has bagged a design, build and operate order from Municipal Corporation, Amritsar for engineering, procurement & construction of bulk water supply system in the city of Amritsar. The project is part of Punjab Municipal Services Improvement Project (PMSIP) and is funded by the International Bank for Reconstruction and Development (IBRD), the lending arm of World Bank Group. The project aims to migrate from rapidly depleting and contaminated decentralized ground water sources to centralized surface water source to supply potable water to the city, to achieve sustainability.

The scope includes the design & construction of an offtake chamber, raw water sump & pumphouse, 440 MLD water treatment plant, clear water reservoir & pumphouse, transmission pipelines, overhead service reservoirs, SCADA with control room for full operation and control automation of all systems right from raw water drawl to delivery at all Over Head Service Reservoirs (OHSR).

The project is designed to cater safe & potable drinking water to 22 lakh population in the city. This is the third drinking water supply project bagged during the year from Punjab.

The Buildings & Factories business of L&T Construction has secured an order from a prestigious client to construct a Commercial Office Space at Gurgaon with a built-up area of 1.2 Mn sq. ft. The building comprises 4 Basements + Ground + 24 floors. The scope of works includes Civil / Structure works Et Common area finishes. As a part of the sustainable and green design initiatives, the project will be a "3-star GRIHA Rating" certified building upon completion.

The Factories arm of the business has secured an order from a leading Indian paint manufacturer to construct a Paint Manufacturing Plant in Sandila, UP. The scope of work involves Civil, Structural and Piling works.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1397.55 as compared to the previous close of Rs. 1371.45. The total number of shares traded during the day was 286230 in over 8398 trades.

The stock hit an intraday high of Rs. 1408 and intraday low of 1378. The net turnover during the day was Rs. 400478508.

Source : Equity Bulls

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