Business

l&T's construction arm bag orders worth Rs2,416 cr in June

PTI

Infrastructure major larsen & Toubro’s construction arm has won projects worth Rs2,416 crore across various business segments in June. “The construction arm of l&T has won orders worth Rs2,416 crore across various business segments in the month of June 2016,” larsen & Toubro (l&T) said in a statement.

The company said its building and factories business won orders worth Rs1,165 crore and added a prestigious high rise residential project from a leading developer in Mumbai. The job involves civil and structural works for the construction of two residential towers, it said, adding that another order was bagged for the construction of a mixed-use development (MUD) from a renowned customer in Kolkata.

The scope of work involves civil and structural works for the construction of two towers of G+15 and G+7 floors, respectively, with 2 levels of common basement. Power transmission and distribution business bagged orders worth Rs1,120 crore in the domestic and international markets.