Don’t miss the latest developments in business and finance.

Larsen & Toubro wins orders worth Rs 1127 crore

Image
Capital Market
Last Updated : Dec 03 2018 | 12:31 PM IST
The construction arm of Larsen & Toubro has won orders worth Rs 1,127 crore across two business segments.

Metallurgical and Material Handling Business - This business has secured orders worth Rs 755 crore. An order has been secured from Hindustan Zinc Ltd for the construction of an 1.5 MTPA Lead-Zinc Beneficiation Plant at R D Mines, Rajasthan, thereby continuing to build customer confidence and leadership position in this segment.
The business has also secured various add-on jobs from existing customers in both domestic market and well as in the Middle-East region across various product segments.

Buildings and Factories Business: The business has secured an order worth Rs 372 crore. The Factories business unit of the Buildings and Factories vertical has secured a prestigious order for the brownfield expansion of Viscose Staple Fibre manufacturing facility from Grasim Industries (Cellulosic division) at Vilayat, Bharuch, Gujarat. The scope includes civil, structural, architectural and external development works. The business has earlier executed a green-field project at the same location for Grasim industries.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 03 2018 | 12:04 PM IST

Next Story