L&T's construction arm secures new orders for various businesses; Stock surges -

L&T’s construction arm secures new orders for various businesses; Stock surges

Larsen & Toubro’s construction arm has secured orders from prestigious clients for its various businesses.

These orders are:

Power Transmission and Distribution Business:

The Power Transmission & Distribution business has won orders to design and construct two 132/11kV Substations in Dubai, UAE.

The scope of these turnkey orders involves the supply of advanced equipment including Gas Insulated Switchgear. While enhancing the capacity of the network to cater to the demand growth of the domestic, commercial, and industrial sectors, these substations will also ensure the highest standards of reliability, availability, and efficiency of power supply.

Additional orders have been received for ongoing projects in India.

Building & Factories Business:

The Factories Business of Buildings $ Factories has secured another order from a leading cement manufacturer to construct a 3.5 MTPA brownfield cement plant in Nimbahera, Rajasthan. The scope includes civil, mechanical and equipment erection works.

Transportation Infrastructure Business:

The Railways Strategic Business Unit that resides within the Transportation Infrastructure business has won an order from the Central Organisation for Railway Electrification (CORE).

This Engineering, Procurement Et Construction (EPC), Package EPC-15A order involves 25 KV Overhead Electrification, Power Supply, Signaling Et Telecommunication and associated works for 383.4 RKM/459 TKM of Railway Lines in the Northeast Frontier Railway.

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

The business is already executing three major EPC contracts from CORE: EPC-01 (Delhi – Jaipur line), EPC-07 (Various sections of the Southern Railway) and EPC-06 (Various sections of the North Western Railway)

At around 2.02 pm, L&T was trading at Rs1380 per piece up by Rs5.35 or 0.4% on Sensex.  

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