Monday, Jul 7
MUMBAI - Larsen & Toubro Ltd today said it has won an order worth 4.46 bln rupees from JSW Power Transco Ltd, a transmission business division of JSW Energy Ltd.
The order entails setting up of transmission lines for evacuation of power from JSW Energy's 1,200 MW power plant coming up at Ratnagiri in Maharashtra, the engineering major said in a release to the exchanges.
L&T plans to complete the construction of Jaigad-Karad and Jaigad-New Koyna transmission lines, totalling 169 km, in 18 months.
L&T shares were off their earlier highs, despite the order win.
At 12:53PM, L&T shares were trading at 2,413 rupees a share on the National Stock Exchange, up 1.32% from close Friday.
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