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L&T arm bags 1,324-cr order from AP govt
L&T Construction Ltd, a part of Larsen and Toubro (L&T), has bagged contracts worth Rs 2,231 crore across various business segments. This also includes a major order from Andhra Pradesh government.
Hyderabad: L&T Construction Ltd, a part of Larsen and Toubro (L&T), has bagged contracts worth Rs 2,231 crore across various business segments. This also includes a major order from Andhra Pradesh government.
“L&T’s constriction arm has won 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 on Monday.
“The project is part of the Pradhan Mantri Awas Yojana (PMAY) Scheme, under which residential tenements for the economically weaker sections will be undertaken. As part of the AP project, about 22,000 residential units in first-track mode will be constructed,” the engineering conglomerate said.
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 (PGCI).
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.
