L&T bags Rs344-crore order from PGCIL

L&T bags Rs344-crore order from PGCIL
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First Published: Mon, May 05 2008. 02 02 PM IST
Updated: Mon, May 05 2008. 02 02 PM IST
PTI
Mumbai: Engineering firm Larsen and Toubro Ltd has bagged orders worth Rs344 crore from Power Grid Corporation of India for construction related works.
L&T secured the order for construction of 755 km of transmission lines associated with Western Region System Strengthening Scheme-II expected to be completed in 30 months, the company said in a filing to the Bombay Stock Exchange.
The project would be executed by L&T’s engineering construction and contracts division and would involve survey fabrication and supply of towers and erection of 400 kv direct current transmission lines from Bhadrawati-Umarkhand-Parli and Raipur-Sakoli-Wardha in Maharashtra.
Shares of the company were trading at Rs3,239, up 3.12% on the BSE in morning trade.
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First Published: Mon, May 05 2008. 02 02 PM IST