L&T bags three orders worth Rs458 cr

L&T bags three orders worth Rs458 cr
PTI
Comment E-mail Print Share
First Published: Wed, Mar 05 2008. 11 55 AM IST
Updated: Wed, Mar 05 2008. 11 55 AM IST
Mumbai: Infrastructure firm Larsen and Toubro on Wednesday said it has bagged three orders worth Rs458 crore for construction related works.
L&T has secured a Rs238 crore order from Jaypee Powergrid (a joint venture between Jaiprakash Hydro Power and Power Grid Corporation of India )for the construction of 155 km transmission line.
The transmission line, constructed from Karcham-Wangtoo to Rampur in Himachal Pradesh, would be utilised for the transmitting power from the 1,000 mw Kacham-Wangtoo Hydro Electric Project, L&T said in a filing to the Bombay Stock Exchange.
The project would be completed in 30 months, the company said.
L&T has also secured two orders aggregating Rs220 crore from the PGCIL to be completed within 24 months.
Under one of the projects with Parbati III HEP Transmission System, L&T would construct 166-km transmission line, while it would also build another 255-km line for Northern Region Strengthening Scheme -II, from Gorakhpur to Lucknow, the company added.
Shares of L&T were trading at Rs3,235, up 0.37% on the Bombay Stock Exchange.
Comment E-mail Print Share
First Published: Wed, Mar 05 2008. 11 55 AM IST