L&T Construction bags orders worth Rs 2,112 cr

Image
Press Trust of India New Delhi
Last Updated : May 24 2018 | 11:50 AM IST

Larsen & Toubro (L&T) today said L&T Construction has won orders worth Rs 2,112 crore in the domestic market.

The buildings and factories business of L&T Construction has secured orders worth Rs 1,565 crore. Power transmission and distribution business has secured orders worth Rs 547 crore, the engineering and construction major said in a BSE filing.

Elaborating, L&T said it has won an order from Airport Authority of India for the modernisation of Chennai Airport.

"This brown field project is to be completed in two phases within stringent time lines and involves the construction of 2.1 million Sq. ft. of passenger terminal building including basement, finishing works, electro-mechanical works and airport systems," it added.

It has received another order from a developer for the construction of multi-level car parking with an integrated commercial mall at Chennai airport.

Under its power transmission and distribution business, the company has secured orders worth Rs 547 crore for construction of EHV Substations.

Shares of the company were trading at Rs 1,334.60 apiece, up 0.56 per cent, on BSE.

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: May 24 2018 | 11:50 AM IST

Next Story