L&T expecting Rs 14000 crore order in coming weeks

by khalid on 03/09/2009 · 0 comments

L&T

Larsen & Toubro Ltd’s (L&T) order book is increasing by leaps and bounds. CMD of L&T Mr Naik informed media recently that he is expecting around Rs 12000 to Rs 14000 crore of orders from mostly Power sector. As L&T is a project company and gets orders from Government pojects. Now due to Prime Minister’s 100 days programme everyone started moving. Tenders held up have become active. And this is the reason that in excess of Rs 12,000 crore is what the company is looking at in the next 4-6 weeks.

Infrastructure is now beginning to come forward with the government policy pushing a lot on building infrastructure. There are activities on roads, activities on bridges and so on. Recently L&T bags order for one road in Chennai and earlier one in Maharashtra and both are the big road packages.

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