As per L&T classification, the value of the significant project is Rs 1,000 crore to Rs 2,500 crore. The EPC major said that the water & effluent treatment business of L&T Construction has secured repeat orders from the Narmada Water Resources, Water Supply & Kalpsar Department, Government of Gujarat, to execute pumping system and pipeline works from Tappar Dam to Nirona Dam (Northern Link). This is the single largest order secured by the business in Gujarat, it added. The scope of work involves design, supply, construction & commissioning of pump houses & pipelines, with associated electrical & automation works. The turnkey project aims to strengthen water resources in Kachchh district of Gujarat by filling existing reservoirs that will irrigate 36,392 hectare (Ha) of land. The order reinforces the customers trust in L&Ts capability to undertake projects of social importance in seismically sensitive areas with the larger goal of agricultural development and water conservation, the company stated. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide. The EPC majors consolidated net profit surged 44.9% to Rs 1,702.07 crore on 22.2% jump in net sales to Rs 35,853.20 crore in Q1 FY23 over Q1 FY22. Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.