INSUBCONTINENT EXCLUSIVE:
Engineering major L-T classifies orders to the tune of Rs 2,500 crore-Rs 5,000 crore as largeConstruction major Larsen - Toubro (L-T) said
on Tuesday that its unit, L-T Construction, bagged contracts worth more than Rs 2,500 crore. L-T Construction was awarded large contracts
for its various businesses, the Mumbai-based Larsen - Toubro said in a regulatory filing. The engineering major classifies orders in the
range of Rs 2,500 crore-Rs 5,000 crore as large
Shares of Larsen - Toubro jumped as much as 4.67 per cent to Rs 949.60 apiece on the BSE after the announcement.L-T Construction secured an
engineering, procurement and construction (EPC) contract for its transportation infrastructure business, to construct Packages 11 and 22 of
the Delhi-Vadodara Expressway, the company said on Tuesday morning.When completed, the Delhi-Vadodara Expressway will be the country's
longest expressway under the National Highways Authority of India's Bharat Mala programme, it said.The company also secured an EPC contract
from the state government for the reconstruction of the four-lane Tallah road overbridge in West Bengal.In its water and effluent treatment
business, L-T Construction bagged EPC orders to implement water supply schemes for Shivhar and Parasi group of villages in Mahoba and
Sonbadhra districts respectively.The L-T subsidiary said the projects are designed to provided safe and potable drinking water to 3.78 lakh
rural population in the two districts, and are part of a larger programme of the state government to provide piped drinking water to every
rural household.At 12:19 pm, the L-T stock traded 4.47 per cent higher at Rs 947.80 apiece on the BSE, outperforming the benchmark S-P BSE
Sensex index which was up 0.68 per cent.
