L&T gains on winning order for Delhi Agra highway

The Infrastructure arm of L&T Construction has won a major order valued at Rs 2040 crore for upgrading the Delhi-Agra Highway

hidden June 29, 2012 15:01:49 IST
L&T gains on winning order for Delhi Agra highway

The Infrastructure arm of L&T Construction has won a major order valued at Rs 2040 crore for upgrading the Delhi-Agra Highway.Reacting to the news the stock is rallying 4.32 percent higher at Rs 1397.

The Delhi Agra highway will be executed on EPC (Engineering, Procurement & Construction) mode. The scope of work involves six laning of the existing road including construction of rail over bridges, underpasses, flyovers, major bridges and viaducts.

LT gains on winning order for Delhi Agra highway

Reuters

The Delhi Agra Road - a mega project is a part of National Highway-2 (NH-2) is being developed under the National Highways Development Programme (NHDP). The NH-2 commonly referred as Delhi Kolkata Road runs through the states of Delhi, Haryana, Uttar Pradesh, Bihar, Jharkhand and West Bengal.

The company said it bagged order worth Rs 846 crore from West Bengal Electricity Distribution Company for rural Electricity Infrastructure in the villages of West Bengal.

As far as international market is concerned, the company said it has bagged "new orders worth Rs 156 crore...from reputed customers in Qatar for electrical network power quality improvement work including additional orders in ongoing projects in Middle East."

Agencies

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