L&T arm bags job orders worth Rs 2,231 cr

Image
Press Trust of India New Delhi
Last Updated : Jun 19 2017 | 11:57 AM IST
Engineering conglomerate Larsen and Toubro's (L&T) arm has won contracts worth Rs 2,231 crore across various business segments.
"Larsen and Toubro Construction, the constriction arm of the company, has bagged Rs 1,324-crore turnkey order from the Andhra Pradesh Township Infrastructure Development Corporation for construction of residential buildings in the West Godavari district of the state," the firm said in a BSE filing today.
The project is part of the Pradhan Mantri Awas Yojana (PMAY) Scheme and consists of residential tenements for the economically weaker sections, it said, adding that the scope of work includes construction of around 22,000 residential units in first-track mode.
The firm has bagged a Rs 540-crore order in the power transmission and distribution (PT&D) business. Similarly, it has secured a transmission line order from the Power Grid Corporation of India.
The company said an engineering procurement and construction contract has also been bagged from NHPC for development of a 50-mw grid-connected solar photovoltaic project.
It has got a mandate of Rs 367 crore from the Tamil Nadu Water Supply and Drainage Board to execute a dedicated water supply project.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 19 2017 | 11:57 AM IST

Next Story