Larsen & Toubro Unit Wins Rs. 2,231-Crore Orders
New Delhi: Engineering conglomerate Larsen and Toubro’s (L&T) arm has won contracts worth Rs. 2,231 crore across various business segments.
“Larsen and Toubro Construction, the construction arm of the company, has bagged 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 filing to the Bombay Stock Exchange (BSE) on Monday.
The project is part of the Pradhan Mantri Awas (PMAY) scheme and consists of residential tenements for the economically weaker sections, it said, adding that the scope of work includes construction of around 22,000 residential units in first-track mode.
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.