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This Article is From Apr 05, 2016

L&T Wins Contracts Worth Over Rs 2,000 Crore

L&T Wins Contracts Worth Over Rs 2,000 Crore
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Larsen & Toubro Ltd.
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New Delhi: Infrastructure major Larsen & Toubro (L&T) has won contracts worth Rs 2,125 crore, including a major highway project in Karnataka.

"The construction arm of Larsen & Toubro has won orders worth Rs 2,125 crore across its various businesses. The transportation infrastructure business has bagged a new engineering, procurement and construction order worth Rs 821 crore from the National Highways Authority of India (NHAI)," the company today said in a statement.

The contract is for four-laning of the Addahole (Gundya) to Bantwal cross of NH-75 (old NH no. 48) in Karnataka. The project is scheduled be completed in 30 months and involves construction of 63 km of four-lane dual carriage way with concrete pavement in addition to the construction of 14.5 km of service roads, two flyovers, two major bridges, 14 minor bridges, nine underpasses and a toll plaza.

It said its Smart World and Communication business has bagged orders worth Rs 761 crore, which involve design and implementation of safe cities using integrated security features and intelligent and integrated traffic management. 

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