L&T bags multiple orders across business segments in domestic market
Infrastructure company Larsen & Toubro (L&T) on Tuesday said it has received multiple orders across its business segments in the domestic market.
The company did not provide the value of the contracts but said the orders fall under the “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts.
The construction arm of L&T has secured orders for two of its businesses, L&T said in a regulatory filing.
The company said its water and effluent treatment business has secured EPC (engineering, procurement and construction) orders from the rural water supply and sanitation department, Odisha to execute individual rural water supply projects in the Kendrapada and Khorda Districts of Odisha.
The business has also secured a repeat order from the water resources department of Odisha.
Further, the factories arm of its buildings and factories business has secured an order from a leading cement manufacturer in the country to construct a 10,000 TPD (tonnes per day) Integrated Cement Plant in Pali, Rajasthan.
Shares of L&T were trading 0.55 per cent down at Rs 1,475.95 apiece on the BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
