L&T Wins Order for its Transportation Infrastructure business

The Transportation Infrastructure business vertical of L&T has won significant order for Mumbai metro railway project.

The Mumbai metro railway project, Package CA-298, awarded by Mumbai metropolitan Region Development Authority (MMRDA), pertains to the electrification of 24.72 Km long Line 4 that runs between Bhakti Park (Wadala) to Cadbury junction having 22 elevated stations.

The scope encompasses design, manufacture, supply, installation, integration, testing and commissioning of power supply and traction systems for 24.72 route km and provision of SCADA system for complete Metro line 4 & 4A for 32 stations, depots and receiving substation. All work will be carried out by L&T's in-house design and execution team. The scope also includes electrical and mechanical works, Lift & Escalators for 22 elevated stations and 2 Depots, along with five years of comprehensive maintenance.

This is the third successive order that L&T has won in the Line-4&4A corridor of Mumbai Metro. It had earlier won the order for Package CA-234, involving rolling stock, Communications-Based Train Control (CBTC) signalling, telecommunications, platform screen doors and depot machinery & plant for the entire corridor, and another order for Package CA-168, involving 19.5 km ballast-less track-works across 15 stations.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 4059.15 as compared to the previous close of Rs. 4071.50. The total number of shares traded during the day was 44203 in over 10266 trades.

The stock hit an intraday high of Rs. 4095.00 and intraday low of 4053.75. The net turnover during the day was Rs. 180255574.00.

Source : Equity Bulls

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LarsenandToubro INE018A01030 LandT OrderWin TransportationInfrastructure