L&T wins orders worth $354 million

Dec 11, 2018
Companies
Posted by Patrick Haddad

Larsen & Toubro’s construction arm has won orders worth over $354 million in domestic and international markets.

“L&T’s power transmission and distribution business has secured orders worth Rs 2,547 crore (Approx $354 million). On the international front, the business has won a major order in Tanzania for the construction of a 220 kV transmission line between Dar es Salaam and Morogoro, which in turn will help electrification of a standard gauge railway line,” the engineering and construction major said in a BSE filing.

L&T said it has also received two other orders in the northern region of Africa for substations and an order in Thailand for the supply and construction of a 230kV gas insulated substation that will cater to the Greater Bangkok area.

In India, L&T’s power transmission and distribution business has secured multiple orders including building 132kV substations and associated transmission lines in Jharkhand and a turnkey order has been secured for the construction of 220kV & 132kV transmission lines in West Bengal.

 

Source: The Economic Times

Photo (for illustrative purposes): L&T Logo/ Aksj9211/ Wikimedia/ Public Domain

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