Larsen & Toubro bags construction contracts worth Rs 1,000-2,500cr

TAGS

Larsen & Toubro Limited (L&T) said that its construction division has bagged multiple orders in India valued in the range of INR 1,000-2,500 crores for its metallurgical a material handling (MMH) and buildings and factories (B&F) businesses.

The metallurgical and material handling unit has won an engineering, procurement, and construction (EPC) order from NMDC Limited for 12 MTPA dry circuit systems on a turnkey basis for a screening plant (SP-Ill) at the latter’s Kirandul Complex in Chhattisgarh.

See also  Reliance New Energy Solar to invest $50m in energy storage company Ambri

According to Larsen & Toubro, the scope of work covers tertiary crushing, two-stage screening, stacking, reclaiming, and dispatch of iron ore apart from the related civil, structural, and other auxiliary facilities.

The plant is expected to become one of the largest iron ore handling plants. It is aimed to ensure a continuous supply of iron ore for different customers of NMDC.

Larsen & Toubro bags construction contracts worth Rs 1,000-2,500cr

Larsen & Toubro bags construction contracts worth Rs 1,000-2,500cr. Photo courtesy of Batmaniacs/Wikimedia Commons.

The Larsen & Toubro metallurgical and material handling unit has also bagged new orders for its products business in the mining sector and add on contracts from its existing customers.

See also  StoryMirror Infotech signs Rs 5cr publishing deal with Orient Tradelink

On the other hand, Larsen & Toubro buildings and factories business has won an order from DRDO to build the latter’s flight control system facility at ADE, Bengaluru.

The Indian conglomerate revealed that the project calls for the construction of a 1.2 lakh sq. ft facility consisting of ground and six Floors in a timeline of four months.

See also  AU Small Finance Bank, ICICI Prudential Life Insurance sign bancassurance deal

Larsen & Toubro said that the DRDO project will demonstrate its technological know-how in modular offsite construction with composite truss beam technology that will be used for the structure.

CATEGORIES
TAGS
Share This