Larsen & Toubro plans to sell stake in some of its port, road, power and metro rail projects to unlock shareholder value,
Tag: Larsen & Toubro
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Abu Dhabi Gas Ind-L&T deal
The Abu Dhabi Gas Industries signed an agreement with Larsen & Toubro for construction of a gas pipeline in the country.
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Private investments rising
Private sector's role in infrastructure is poised for significant growth in the 12th Five Year Plan, possibly accounting for about 35-40 per cent of projected investment of $1 trillion, said JP Nayak, President, Larsen & Toubro.
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More on Board
The Board of Directors of Larsen & Toubro announced that R Shankar Raman will be appointed Chief Financial Officer of the Company on 6 September 2011, and will subsequently be elevated to the Board on 1 October 2011.
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Dhamra's pvt rail line is R3i's first
The rail connectivity to Orissa's Dhamra port will be the first such connectivity project in the country under the Indian Railways' New Railways' Infrastructure for Industry Initiative (R3i).
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L&T bags GSECL project
Larsen & Toubro has secured an engineering, procurement and construction contract worth Rs 1,100 crore from Gujarat State Electricity Corporation.