L&T Construction bags various orders under its business divisions

The Construction arm of Larsen & Toubro has secured various orders for its businesses.

The Railways SBU of L&T Construction's Transportation Infrastructure IC has secured an Engineering, Procurement & Construction (EPC) order from IRCON International LTD involving 25 kV Overhead Electrification, Signaling & Telecommunication, and associated works for 549 RKM/678 TKM railway lines pertaining to the Northeast Frontier Railway.

The project is part of the Central Government's 'Mission Electrification' initiative aimed to electrify the entire Indian Railway network to reduce carbon footprint as well as expenditure on diesel.

The business is already executing four major EPC contracts from Central Organization for Railway Electrification (CORE) viz., EPC·01 (Delhi- Jaipur line), EPC-07 (Various sections of the Southern Railway), EPC·06 (Various sections of the North-Western Railway) and EPC-15A (Various sections of the Northeast Frontier Railway).

IRCON International LTD. is one of the implementing agencies responsible for carrying out the Railway Electrification works over the selected networks of Indian Railways.

The Factories Business of Buildings and Factories IC has secured a prestigious order from a global FMCG manufacturer for Design & Construction of a food processing facility in Gujarat, India. The scope involves Civil, Structural, Architectural and MEP Utility works including External Development Works.

The business has also secured an order from a prestigious client to expand a super specialty hospital in Kolkata by 250 beds on Design & Build basis. The built-up area of the project will be 2.61 Lakh Sq Ft. with a configuration of basement+ ground+ 10 floors structure including LINAC & PET CT facility. The project is located at a prime location. The logistics are challenging while the execution will have both offsite and onsite construction activities.

The scope of work involves Civil Structure using structural composite deck slab system with CFT columns, finishes & allied MEP services including medical gas piping, nurse call system, pneumatic tube system with external development and landscaping within site premises.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1691.45 as compared to the previous close of Rs. 1659.10. The total number of shares traded during the day was 157239 in over 14341 trades.

The stock hit an intraday high of Rs. 1699.40 and intraday low of 1650.00. The net turnover during the day was Rs. 264539099.00.

Source : Equity Bulls

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