Ways2Capital Reviews : L&T Construction’s Water & Effluent Treatment Business Wins Orders Valued Rs5,704cr

The Water and Effluent Treatment business of L&T Construction has secured worth Rs5704cr. Two major turnkey orders have been secured from the Narmada Valley Development Authority (NVDA). For the execution of Indira Sagar Project – Parwati Phases I & II and Kalisindh Phase I Micro Lift Irrigation Schemes, as per BSE press release.

These projects are envisaged to provide water for micro-irrigation to 2 lakh hectors of culturable command area in Dewas, Sehore and Shajapur districts of Madhya Pradesh. The scope of work includes survey, design, procurement, construction and installation of pumping systems, rising mains, transmission and distribution pipeline networks, electrical power transmission line and automation system by SCADA.

An EPC order has been received from the Madhya Pradesh Jal Nigam Maryadit for the execution of Buxwaha Multi Village Rural Water Supply Scheme.

The project will cover 299 villages of Sahgarh, Banda, Buxwaha, Batiyagarh, Bijwar and Hatta blocks in the districts of Sagar, Chhatarpur and Damoh of Madhya Pradesh.

Larsen & Toubro Ltd is currently trading at Rs1,363.65 up by Rs19.85 or 1.48% from its previous closing of Rs1,343.80 on the BSE. The stock is currently trading above its 50 DMA.
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About Bhoomi Desai