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29
November 2017
 |
Larsen & Toubro Ltd (The Total Investment & Insurance
Solutions)
Larsen & Toubro (L&T), in a press release, stated
that the company in consortium with Samsung C&T Corporation of South Korea
has received an EPC order from Bangladesh Power Development Board (BPDB).
The scope of the order includes design, detailed engineering, supply, installation and commissioning of 400 MW combined cycle power plant on a turnkey basis. The order is valued at ~ US$250mn.
The scope of the order includes design, detailed engineering, supply, installation and commissioning of 400 MW combined cycle power plant on a turnkey basis. The order is valued at ~ US$250mn.
L&T has executed several large gas-based power
projects on EPC basis for government utilities and independent power producers
in India and abroad.
For FY18, L&T has reduced its order inflow guidance from flat to marginal growth against the 12-15% growth guided earlier.
L&T’s H1FY18 order inflow was Rs55,100cr (down 9% YoY), post which the company has announced orders worth ~Rs23,000cr (few are part of JVs/consortium) so far in Q3FY18.
Larsen & Toubro Ltd ended at Rs 1217.3, up by Rs 5 or 0.41% from its previous closing of Rs 1212.3 on the BSE. The scrip had opened at Rs 1219.9 and touched a high and low of Rs 1223 and Rs 1213.3 respectively.The Total Investment & Insurance Solutions
For FY18, L&T has reduced its order inflow guidance from flat to marginal growth against the 12-15% growth guided earlier.
L&T’s H1FY18 order inflow was Rs55,100cr (down 9% YoY), post which the company has announced orders worth ~Rs23,000cr (few are part of JVs/consortium) so far in Q3FY18.
Larsen & Toubro Ltd ended at Rs 1217.3, up by Rs 5 or 0.41% from its previous closing of Rs 1212.3 on the BSE. The scrip had opened at Rs 1219.9 and touched a high and low of Rs 1223 and Rs 1213.3 respectively.The Total Investment & Insurance Solutions
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