L&T bags orders worth Rs 1,286 crore across business segments

Engineering major Larsen & Toubro (L&T) on Friday said it has bagged orders worth Rs 1,286 crore across its various business segments.

The company said its 'heavy civil infrastructure' business has bagged orders worth Rs 1,071 crore.

"A major breakthrough order in the underground metro space has been secured from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) company for the design and construction of underground stations and associated tunnels for package 2 in East-West corridor of the Ahmedabad metro project," the company said in a statement.

According to the company, the engineering, procurement and construction (EPC) contract comprises two underground stations at Gheekanta, Shahpur with associated bored tunnels from Kalupur to Shahpur (3.3 km) and Ramp for Package 2.

"This is a significant win in the infrastructure space and we hope that this is a sign for many such projects involving vital infrastructure that are in the offing," S.N. Subrahmanyan, Deputy Managing Director and President, L&T was quoted as saying in a statement.

"This mandate is truly representative of our expertise in building metro systems as we are already building some major metro projects in India and abroad. We are confident of delivering as per the requirements of our clients."

The company pointed out that among other orders bagged include the construction of an iron ore berth at Paradip, Odisha, and the construction of a technology-driven intake well structure using diaphragm wall technology at Purushotapatnam, Andhra Pradesh.

The company added that its 'building and factories' business has received an order worth Rs 215 crore from a renowned client for the construction of a paint manufacturing facility at Vizag, Andhra Pradesh.

--IANS

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