L&T Construction wins orders worth Rs 1,725 cr

The transportation infrastructure business, the company bagged contracts worth Rs 725 crore.

Update: 2017-03-30 06:48 GMT
The USD 20 billion diversified L&T Group has a market cap of about Rs 2.5 lakh crore at present.

New Delhi: Larsen & Toubro (L&T) today said that its construction arm has recently bagged orders worth Rs 1,725 crore across two of its business segments. In the transportation infrastructure business, the company bagged contracts worth Rs 725 crore.

"An engineering, procurement and construction order has been secured from the Ministry of Road Transport & Highways (MORTH) for four-laning of the Wadpale to Bhogaon Khurd section of NH-17 in Maharashtra," the company  said in a statement.

The scope of work includes construction of 38.76 km of four lane dual carriageway with concrete pavement, 27.53 km of service/slip road, two major bridges, nine minor bridges and 17 vehicular and cattle underpasses along with other associated works.

The business has also received additional orders from various ongoing projects. In heavy civil infrastructure business, the company has received engineering, procurement and construction orders worth Rs 1,000 crore under L&T GeoStructure.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with USD 16 billion in revenue. It operates in over 30 countries worldwide.  

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