Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
MARKETS

L&T Bags Multiple Orders in Domestic Market Segment

Infrastructure company, Larsen & Toubro Limited (L&T) said on Monday that it has received multiple orders across various business segments in the domestic market.

The value of the contracts are not disclosed by the company but it had said that the orders fall under the “significant” category, which is ranging between Rs 1,000-2,500 crore according to the classification of contracts.

The company in a regulatory filing said, “The construction arm of L&T has secured (significant) orders from prestigious clients for its varied businesses”. It added that the company’s water and effluent treatment business has secured repeat order from Narmada Water Resources, Water Supply & Kalpsar Department, Government of Gujarat to execute the Tapi Karjan Pipeline Link Irrigation Scheme.

The project is expected to irrigate a command area of 16,919 hectares in the districts of Tapi and Surat in Gujarat by lifting 14.2 cubic meters per second (cumec) of water from the Ukai reservoir, the company said.

The power transmission and distribution business of the company has received two more packages from Udhampur-Srinagar-Baramulla Rail Link project for providing electrical and mechanical systems for tunnels.

Get Daily Prediction & Stocks Tips On Your Mobile