Larsen & Toubro is scouting to acquire majority stake in road projects worth around Rs 1,000 crore each to boost its portfolio. The subsidiary L&T Infrastructure Development Project (L&T IDPL) plans to acquire 74 per cent in National Highways Authority of India (NHAI) projects being developed by others companies. It would consider projects that do not dilute the company's internal rate of return which is around 18-20 per cent on the current projects.
FlashNews:
CTS Roundtable Charts Tech-Led Roadmap for Construction
Drone Startup BonV Aero Hails Rangeilundaâs Integrated Drone Testing
India Orders Boost in LPG Output to Safeguard Household Supply
âEntrepreneurial hunger, technology enablement to drive massive growthâ
Tata Power Odisha Discoms Empower Women with âNua Arambhaâ Careers Initiative
Deepak Gupta Named CMD of GAIL, to Drive Energy Growth
India Is Advancing Growth While Preserving Heritage: Sonowal
ISA and IIT Delhi Partner to Build Global Solar Skills
Solar Service Searches Surge 43% Nationwide, Justdial Data Shows
Centre Clears âđ7.97 Billion Green Hydrogen Jetty at Paradip Port
ONGC Hosts 7th Para Games, Championing Inclusion in India Inc.
Indiaâs Space Sector Secures Cyber Shield with CERTâIn, SIAâIndia Guidelines
GAIL Breaks Ground on Sohna R&D Centre to Drive Clean Energy Innovation
Veolia Secures 2 Landmark Mumbai Water Projects to Boost Urban Sustainability
Emirates SkyCargo Expands India Freighter Network to Meet Rising Trade Demand
Colliers Maps 30 Industrial & Warehousing Growth Hubs Across India
PAIMANA Portal Tracks âđ39 Trillion Infrastructure Projects in January 2026
Tata Power-Warwick Alliance to Accelerate Energy Systems Innovation
India’s Space Kidz Launches Worldâs First Space Curriculum for Schools
Home » L&T eyes stake in road projects
L&T eyes stake in road projects
Roads & Highways
December 1, 2011December 1, 2011
Leave a Reply
You must be logged in to post a comment.