A big news comes from the construction circle.The construction arm of Infrastructure major Larsen and Toubro (L&T) has secured orders worth Rs 1,726 crore across various business segments. L&T confirmed this in a BSE filing.
All About The Secured Deals:
L&T confirmed that under its heavy civil infrastructure business vertical, it has shielded a prestigious order worth Rs 687 crore in the defence sector.
This news comes in quick succession as they have secured another deal too. The firm’s smart world and communication business have secured an order worth Rs 421 crore from Bharat Sanchar Nigam Limited (BSNL) for engineering, supply, installation, commissioning, operation and maintenance of Wi-Fi hotspots and Wi-Fi offload systems on a turn-key basis for the Southern and Western States of India.
Not only these, the company’s water and effluent treatment business has won an engineering, procurement and construction order worth Rs 245 crore from Pune Municipal Corporation for a specific water storage project. Additionally, they have bagged orders valued Rs 373 crore for power transmission and distribution business.
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