L&T Construction bags Kundalia irrigation project worth Rs 1,394 cr in Madhya Pradesh

Larsen and Toubro (L&T) on Monday said its construction arm has won an order worth Rs 1,394 crore for the execution of the Kundalia Irrigation Project - Right Bank in Madhya Pradesh (MP)

Press Trust of India August 27, 2018 10:56:18 IST
L&T Construction bags Kundalia irrigation project worth Rs 1,394 cr in Madhya Pradesh

New Delhi: Larsen and Toubro (L&T) on Monday said its construction arm has won an order worth Rs 1,394 crore for the execution of the Kundalia Irrigation Project - Right Bank in Madhya Pradesh.

LT Construction bags Kundalia irrigation project worth Rs 1394 cr in Madhya Pradesh

File image of a L&T plant. Reuters

"The water and effluent treatment business of L&T Construction has won an EPC order worth Rs 1,394 crore from the Water Resources Department, Government of Madhya Pradesh, for the execution of the Kundalia Irrigation Project - Right Bank," the engineering and construction major said in a Bombay Stock Exchange (BSE)  filing.

L&T said the project envisages to provide water for micro-irrigation to more than 64,000 hectares of cultivable land in the command area of Rajgarh district of Madhya Pradesh by lifting water from Right Bank of the Kundalia reservoir on the Kalisindh River.

Shares of the company were trading at Rs 1,354 a piece, up 0.83 percent, from the previous close on the BSE.

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