L&T Construction to serve reputed clients for significant contracts inflow

Shreya Chaware
/ Categories: Trending, DSIJ News
L&T Construction to serve reputed clients for significant contracts inflow

L&T infrastructure, a well-known player in the infrastructure sector has bagged orders from prestigious clients for two of its businesses.

The two businesses include buildings & factories (B&F) as well as power transmission & distribution. The order in the B&F's business can be described as an order for the core and shell works of two wings of a tower for the extension of non-tower area works. The design & build order to construct a multi-speciality hospital in Nagpur has been received from a reputed client. Meanwhile, the structural part, including the medical pipeline system, would be done in structural steel. An order for the civil core work of a building in Bengaluru has been bagged by the IT & office space business of L&T infrastructure. L&T needs to complete the work of 9.06 lakh sq. ft over a period of 18 months.

Besides, its power & transmission sector also secured a package of providing electrical and mechanical systems for tunnels to be constructed for the Udhampur-Srinagar-Baramulla-rail link project. Meanwhile, another order has been received for an underground cabling package for improving the reliability of the power supply in a South Indian city.

L&T Infrastructure Development Projects Limited is a well-known company in the public-private partnership model in the growth of India, which involves the execution of infrastructure projects along with a partnership with the central & state government by the private sector. L&T has completed projects across various sectors like roads, bridges, ports, water supply, airports, energy & urban infrastructure.

At 10.58 am on Tuesday, its stock was trading at Rs 1,228.65, down by 1.66 per cent, which is near to its intraday low of Rs 1,216.35 on BSE.

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