L&T has bagged new orders in many of its sectors. Larsen and Toubro has a large presence in various sectors such as manufacturing, construction, technology, engineering and in financial services. It operates in around 30 countries and has bagged many orders in all its operations.
With various business operations, it has many crores of orders for the forthcoming years.
The Saubhagya Scheme is a major order by which work will begin in rural and urban areas to increase electrification and improve substations as well as in replacing conductors. This will increase the transmission lines running overhead and for its cable system lying underground.
The power transmission and distribution business will be done along with the transport infrastructure sector. An order of Rs. 1226 crores will be made in both international and domestic markets claim sources. With multiple power transmission, it is all set for its Construction order of Rs. 2440 crores.
An order from the Department of Disaster Management has been provided as EPC contract for underground construction of power cable network in East India.
Effluent treatment orders of Rs. 1200 crores will benefit many in the Health sector, along with improved water facility.
In its transport infrastructure, an order for Rs. 513 crores will keep it busy in the construction sector.
The rooftop solar plant is another order that has been bagged, by which government buildings will get grid-connected solar panels. The order worth Rs.5.9 billion is for the states of Rajasthan and Tamil Nadu. The company has got this large solar order from a Navratna enterprise from the Central Government.
It has also got an order to erect, supply and test 400KV transmission lines in South India. The automobile sector has won orders of Rs.950 crores.
Shares of L&T were trading at Rs, 1,325.65 each on the Bombay Stock Exchange which was up by 2.26 %.
Before turning out to be a full-time writer and editor, James Tidwell was a blogger who wrote his outlooks and viewpoints relating to Entertainment and Sports. Owing to his interest and absolute fineness of playing with world beautifully, he was appointed to dabble in Entertainment and Sports world.