GVK awards Rs 19.8 bn order to L&T
GVK Project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction.
In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments.
The Rs 1,985 crore order pertains to major portion of works from 850 mw Ratle Hydroelectric power project located on the Chenab in the Kishtwar district of Jammu & Kashmir.
Another order, valued at Rs 397 crore, was bagged by L&T Buildings and Factories IC for construction of commercial building in Mumbai. The Water & Effluent Treatment business, meanwhile, bagged an order worth Rs 121 crore from the Public Health Engineering Department, Rajasthan for water supply in Fatehpur-Laxmanpur Rajasthan, the statement said.
L&T is a $12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate with global operations.