Adani Ports and Special Economic Zone of the Adani Group has completed acquiring 97 per cent stake of Marine Infrastructure Development
Tag: Larsen and Toubro
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L and T, Afcon bag Rs 1,675-crore order from Ahmedabad Metro
Larsen & Toubro (L&T) and Afcon Infrastructure Ltd have bagged Rs 1,675-crore work of constructing the underground section of the Ahmedabad Metro. This is the costliest civil work to be undertaken in the first phase of the Rs 10,700-crore Metro rail project.
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Hyderabad: L&T, Telengana stare at fresh tussle over metro rail project
Engineering giant Larsen and Toubro and the Telangana government could be headed for yet another face-off over the execution of the Rs.16,375-crore metro rail project in Hyderabad.
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Celebrating technology and togetherness
The three-day flagship techno-managerial festival of NIT Trichy, Pragyan, was formally declared open on February 25, 2016. Keerthi Vasan, Chairman, Pragyan æ16 presented the Pragyan report.
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NTPC´s MP power plant gets green backing
A high-level committee has recommended environmental clearance for state-owned NTPCs 1,320-MW Khargone power project in Madhya Pradesh
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L and T power plant operational
Larsen and Toubro (L and T) has begun commercial operations of its first 700 MW unit of the 1,400 MW supercritical thermal power plant at Rajpura in Punjab. The plant was constructed on a turnkey basis by L and T Power, with more than 90 per cent of the equipment sourced from group companies of L and T. The supercritical boiler and turbine were manufactured by L and T´s joint venture companies with Mitsubishi Heavy Industries (MHI).
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L and T and Marg Group consider exiting port trade
Larsen and Toubro (L and T) and Marg Group are looking at the possibilities of exiting their port business. These engineering, procurement and construction (EPC) firms bid aggressively for port projects hoping to benefit from a booming economy and fast-growing world trade. But with the slowdown hitting both global and local economies.
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L&T to raise funds for its infra unit
To raise capital for its L&T Infrastructure Development Projects, the unit that builds roads, ports and other infrastructure, Larsen and Toubro (L&T), IndiaÂ’s biggest engineering company, is in talks with investors. The company is considering raising money from investors including sovereign and infrastructure funds by March.
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L&T to list 6 road projects on S’pore stock exchange
The Union government has permitted the construction major Larsen and Toubro to form a business trust in Singapore and list of its six toll road projects on the Singapore stock exchange that could raise up to $1 billion. The National Highways Authority of India board has approved the L&TÂ’s plans to set up the trust.
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Adani Ports may buy Dhamra port in Odisha
In Odisha, Adani Ports and Special Economic Zone (APSEZ) has reportedly interested to buy Dhamra Port Co (DPCL), a venture of Larsen and Toubro and Tata Steel, early this year for about Rs 5,000 crore, say media reports quoting sources in the companies mentioned. APSEZ is set to buy Dhamra port after its operator secured environmental and coastal clearances for its second phase of expansion.
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