L&T Hydrocarbon bags orders worth Rs.4k cr
The Dollar Business Bureau
L&T Hydrocarbon, fully owned subsidiary of Indian multinational Larsen & Toubro Ltd (L&T) has won orders worth Rs.4,000 crore in the foreign market. The construction arm of L&T has recently won Rs.1,725 crore worth of orders across two business divisions.
“L&T Hydrocarbon Engineering Ltd, a wholly-owned subsidiary of Larsen & Toubro, has won orders totalling close to Rs.4,000 crore in the international market,” L&T said in a filing with BSE.
In transportation infrastructure division, the company had won Rs.725 crore worth of contracts.
“A procurement, engineering, and construction contract has been bagged from the Ministry of Road Transport & Highways for 4-laning of the section Wadpale to Bhogaon Khurd of National Highway 17 in the state of Maharashtra,” the infrastructure major said in a statement.
The order includes construction of 4-lane dual carriageway of 38.76 km with concrete pavements, service/slip road of 27.53 km, nine minor bridges, two major bridges and 17 underpasses for vehicles and cattle in addition to other related works.
It has also got additional orders from several ongoing projects.
The heavy civil infrastructure division of the company has got procurement, engineering and construction contracts worth Rs.1,000 crore under the L&T GeoStructure.