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L&T bags new orders from the State Water & Sanitation Mission, UP

17 July 20232 mins read by Angel One
Shares of the company gained more than 40% in the last one year.
L&T bags new orders from the State Water & Sanitation Mission, UP
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Larsen & Toubro’s (L&T) construction arm — L&T construction has secured new orders for its Water & Effluent Treatment Business from the State Water & Sanitation Mission, Uttar Pradesh, to construct a water supply scheme for the Hanumanganj multi-group of villages in the districts of Ballia and Firozabad. 

The scope of both the projects includes design & construction of 1 intake structure, 1 water treatment plant of capacity 148 MLD, transmission and distribution pipelines of 5534 Kms, 13 clear water reservoirs of aggregate capacity 25 ML, 504 overhead service reservoirs of aggregate capacity 115.4 ML, 13 pumphouses, 3.81 lakh house service connections, and associated electromechanical & instrumentation works and 10 years operation & maintenance.  

The project involves automation including measurement of input & output water quantity and quality through suitable SCADA & other instrumentation works. The project is designed to provide safe & potable drinking water to 50.85 lakh rural populations in the State and is part of a larger scheme of water supply projects planned by the State Government with an objective to provide piped drinking water to every household (under Jal Jeevan Mission).  

The Business has also secured a breakthrough order from the National Thermal Power Corporation (NTPC) for Make-up Water System & Ash Disposal cum Ash Water Recirculation System (AWRS) Package at Talcher. 

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing, and financial services conglomerate, with global operations. L&T addresses critical needs in key sectors – Hydrocarbon, Infrastructure, Power, Process Industries, and Defence – for customers in many countries around the world.    

Today, the stock opened at Rs 2473.25, with a high and low of Rs 2493.00 and Rs 2465.00. The stock closed trading at Rs 2469.00, down by 0.17%. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.

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