The company has acquired turnkey contracts for the development of more than 365 kilometers of 765kV double-circuit transmission lines.
The valuation of the company was estimated to be up to $3 billion.
The 3 entities that will be merged in it are L&T Finance Limited, L&T Infra Credit Limited, and L&T Mutual Fund Trustee Limited.
According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."
Acquisition done for Rs 18.45 crore.
McPhy Energy is a French company.
Vedanta is the parent company of Hindustan Zinc.
Floor price for the offer-for-sale set at Rs 2,450 per share.
The project will provide bulk raw water to villages in the Jharkhand districts of Sahibganj, Godda, and Dumka.
LTEH provides engineering services to customers operating in hydrocarbon & energy business.