Larsen & Toubro bags orders up to Rs 2,500 crore in India, abroad
Larsen and Toubro (L&T) on Tuesday said it has bagged orders in the range of Rs 1,000 crore to Rs 2,500 crore in the power transmission and distribution segments within the country and abroad.
Larsen and Toubro (L&T) on Tuesday said it has bagged orders in the range of Rs 1,000 crore to Rs 2,500 crore in the power transmission and distribution segments within the country and abroad. New orders have been secured in India and markets abroad, the infrastructure major said in a regulatory filing.
Its arm "L&T Construction wins significant orders for its power transmission and distribution business", the company said.
On the domestic front, the business has won an order to implement SCADA/DMS and related IT infrastructure for urban area power distribution systems in central Gujarat. Another order is for building a 400kV double circuit transmission line in Jharkhand.
In the Middle East, the company has received an order for the construction of a High Voltage Direct Current (HVDC) transmission segment. This link is part of a large capacity Voltage Source Converter (VSC) based HVDC system that connects Neom Industrial City and Yanbu city in western Saudi Arabia.
In the Sarawak region of Malaysia, the company has bagged an order in a consortium to set up a 275kV substation. The company did not disclose the order value, but according to the company's project classification, the orders are in the range of Rs 1,000 crore to Rs 2,500 crore.
L&T is a USD 23-billion company engaged in engineering, procurement, and construction (EPC) projects, hi-tech manufacturing and services and operates in over 50 countries worldwide.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
12:54 PM IST