L&T wins Rs 1,885 cr worth contracts in June

On the domestic front, construction and procurement order was received from Odisha Power Transmission Corporation

Larsen & Toubro (L&T) today said its construction arm has won Rs 1,885 crore worth contracts in June in the domestic and international markets.

"The Power Transmission and Distribution Business of L&T Construction has won orders worth Rs 1,885 crore in the domestic and international markets in June 2015," the infrastructure major said in a statement.

On the domestic front, a major engineering, construction and procurement (EPC) order was received from Odisha Power Transmission Corporation Ltd, it said.

The project involves installing various 33/11 KV air insulated substations and associated lines with complete facilities for the Phase II of Odisha Distribution System Strengthening Projects.

All major international orders were received from the Middle East, the company said.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion in revenue.

The shares of the company closed at Rs 1796.95 per scrip, down 0.71 per cent from the previous close.