L&T Construction Wins Orders Valued INR 7,489 Crore

Deepthi | Myequity news | Date : 01-10-2018 9:55:00 IST

The Heavy Civil Infrastructure business of Larsen and Toubro has won orders worth 7,489 Crore. A major order has been received from the Municipal Corporation of Greater Mumbai (MCGM) for the construction of the Mumbai Coastal Road Project (MCRP), Packages 01 a 04. The project involves the construction of a 7.75 Km Costal Road from Princess Street Flyover to Baroda Palace including an underground tunnel passing below Girgaum Chowpatty, Malabar Hills and Priyadarshini Park.

The Package-04 of the contract involves the construction of a 3.93 Km stretch of coastal road from Princess Street Flyover to Priyadarshini Park. The scope includes construction of up and down ramps from Marine Drive connecting to the underground road (twin) tunnel which will pass below Girgaum Chowpatty, Malabar Hills and exit at Priyadarshini Park connecting to the Package-01 of the project.

The Package-01 of the contract involves the construction of a 3.82 Km long, 8-lane highway over reclaimed land from Priyadarshini Park to Baroda Palace including interchanges at Amarson Garden and Haji Ali. The Haji Ali interchange will be a multilevel interchange inside Haji Ali bay providing connectivity to the existing Khan Abdul Gaffar Khan Road.

The project will be a first of its kind in India, involving sea front development to ease traffic congestion, provide seamless connectivity between south and north Mumbai and create avenues for recreational and tourism activities, adding to the overall development of Mumbai.

The business has also received a major variation order from the Irrigation and Command Area Development Department, Government of Telangana for the Medigadda Barrage Project.

L&T Geostructure, a subsidiary of the Heavy Civil Infrastructure Business, has received an order from BHEL, to execute piling, pile test, pile cap and pedestal works for a 1x660 MW Panki Thermal Power Plant near Kanpur, U.P. The scope involves execution of bored cast-in-situ piling of various diameters.

About Larsen & Toubro :

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 18 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

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