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L&T Construction secures orders worth Rs 2,044 crore

L&T Construction secures orders worth Rs 2,044 crore
Larsen & Toubro (L&T) construction has won new orders valued worth Rs 2,044 cr across various segments in the second quarter of FY 13.

L&T's infrastructure division has bagged an order worth Rs 781 crore from NTPC Hydro Ltd for the construction of the 171-MW Lata Tapovan Hydroelectric Power Project in Uttarakhand. The project will be executed on EPC (Engineering, Procurement and Construction) basis.

In the roads sector, it bagged an EPC order worth Rs 645 crore from GMR Infrastructure for the construction of stretches of the Kishangarh-Udaipur-Ahmedabad Highway. The project is part of Phase V of the National Highway Development Programme of the National Highways Authority of India.

The buildings & factories division has secured an order worth Rs 360 crore for the construction of 23 multi-storeyed towers.
In power transmission and distribution, the company has secured an order worth Rs 258 crore from the UAE for the supply and installation of 220/33 kV grid station and related 220 kV cabling and overhead lines work.

The shares of the company closed at Rs 1,466 marginally higher by 0.97% on BSE.

GoodReturns.in

Read more about: larsen

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