L&T bags project in AP

L&T bags project in AP
Highlights

Larsen & Toubro (L&T) will construct residential towers under Prime Minister Awas Yojana Scheme at various locations in Krishna district, Andhra Pradesh. 

Hyderabad: Larsen & Toubro (L&T) will construct residential towers under Prime Minister Awas Yojana Scheme at various locations in Krishna district, Andhra Pradesh.

“An order has been bagged from a reputed government client to construct 284 residential towers under the Prime Minister Awas Yojana Scheme in various locations of Krishna district of Andhra Pradesh,” L&T said in a communique to BSE. L&T’s construction arm has won orders worth Rs1,266 crore across business segments. L&T said its buildings and factories business has bagged orders worth Rs 928 crore.

Meanwhile, its power transmission and distribution business and transportation infrastructure business secured an order from the Mumbai Metro Rail Corporation Ltd. (MMRC) worth Rs 338 crore. The order bagged by L&T's power transmission and distribution business will be jointly executed with its transportation infrastructure business. Shares of L&T closed higher by Rs11.10 or 0.86 per cent at Rs1,302.35 on BSE.

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