L&T Construction secures orders from NMDC, DRDO

The construction arm of L&T has secured orders for its businesses in India.

The Metallurgical & Material Handling (MMH) business has been awarded an Engineering, Procurement & Construction (EPC) order for 12 MTPA Dry Circuit Systems on a turnkey basis for a Screening Plant (SP-III) from NMDC Limited at their Kirandul Complex, Chhattisgarh.

The scope of work includes Tertiary Crushing, 2-stage Screening, Stacking, Reclaiming and Dispatch of Iron ore along with the associated Civil, Structural, E&I and other auxiliary facilities.

This plant will be one of the largest Iron Ore Handling plants and aims to ensure uninterrupted Iron Ore supply for different customers of NMDC.

The MMH business has also secured new orders for its Products Business in the mining sector and add on orders from its existing customers.

These orders signify MMH's leadership position and its continued efforts to build customer confidence in this sector.

The Buildings & Factories (B&F) business has secured a prestigious order from DRDO to construct their Flight Control System Facility at ADE, Bengaluru.

The project involves construction of a 1.2 Lakh sq. ft facility consisting of Ground + 6 Floors in an extremely fast track timeline of 4 months.

The project will demonstrate L&T's technological expertise in Modular Offsite Construction with Composite Truss Beam technology that will be used for the Structure. 90% of the building components will be manufactured offsite except for the foundations. The structure will have Composite Structural Steel and the building enveloped with a facade. The interiors comprise 100 mm false flooring and modular wall partitions with false ceilings. The toilets will also be constructed offsite as Fully Finished Toilet PODS (Portable on Demand Storage).

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1908.70 as compared to the previous close of Rs. 1888.65. The total number of shares traded during the day was 36399 in over 3536 trades.

The stock hit an intraday high of Rs. 1920.35 and intraday low of 1899.00. The net turnover during the day was Rs. 69479811.00.

Source : Equity Bulls

Keywords

LarsenandToubroLimited INE018A01030 LT Construction Engineering OrderWin NMDC DRDO ModularOffsiteConstruction