L-;T Construction procures significant contracts for its transportation business

5 Apr 2022 , 10:50 AM

The Transportation Infrastructure Business of Larsen & Toubro has secured various orders from prestigious clients.

The Business has secured an order from the Tamil Nadu Road Infrastructure Development Corporation to construct the Chennai Peripheral Ring Road EPC-02 Package of Section-11 in the Engineering, Procurement, and Construction (EPC) mode.

The scope of work broadly includes constructing a six-lane greenfield highway of 12.80 km with flexible pavement, two-lane service roads and paved shoulders on both sides of the carriageway, at-grade Intersections, major/minor bridges, vehicular/light vehicular/ small vehicular underpasses, and culverts followed by maintenance for 7 years.

The Railways business unit along with the Substation business unit of the Power Transmission Et Distribution Business has won an order from the Uttar Pradesh Metro Rail Corporation (UPMRCL) Ltd.

This Engineering, Procurement Et Construction (EPC) order involves the Design, Supply, Installation, -Testing Et Commissioning of 750 Volt DC Third Rail Traction System, Receiving Substations including High Voltage Cabling from Grid Substations, 33kV Cable Network, ASS, TSS Et SCADA System for Corridors 1 Et 2 of the Agra Metro Rail Project at Agra, Uttar Pradesh, India. The 36-month project will be funded by the European Investment Bank (EIB).

UPMRCL is one of the implementing agencies responsible for carrying out the Metro system works for the major cities of Uttar Pradesh such as Kanpur, Agra, etc.

Larsen & Toubro is currently trading at Rs1,831.20 up by Rs5.85 or 0.32% from its previous closing of Rs1,825.35 on the BSE. The scrip opened at Rs1,839.40 and has touched intraday high and low of Rs1,842.80 and Rs1,827.40 respectively.