L&T Construction bags orders worth Rs 1,127 crore

Larsen & Toubro

The construction arm of Larsen & Toubro has bagged orders worth Rs 1,127 crore across two of its business segments. In the metallurgical and material handling business, the company has bagged contracts worth Rs 755 crore.

In a statement, L&T said, “An order has been secured from Hindustan Zinc for the construction of an 1.5 MTPA (million tonne per annum) lead-zinc beneficiation plant at R D Mines, Rajasthan….”

In the buildings and factories business, an order worth Rs 372 crore has been secured. Factories business unit has secured an order for the brownfield expansion of viscose staple fibre manufacturing facility from Grasim Industries (cellulosic division) at Vilayat, Bharuch, Gujarat.

The scope includes civil, structural, architectural and external development works. The business has earlier executed a greenfield project at the same location for Grasim Industries.

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Author: Research Desk