K.Karthik Raja
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L&T gets JSW Energy arm's 4.46-bln-rupee transmission line order
Monday, Jul 7
.
MUMBAI - Larsen & Toubro Ltd today said it has won an order worth
4.46 bln
rupees from JSW Power Transco Ltd, a transmission business division of
JSW Energy Ltd.
The order entails setting up of transmission lines for evacuation
of power
from JSW Energy's 1,200 MW power plant coming up at Ratnagiri in
Maharashtra,
the engineering major said in a release to the exchanges.
L&T plans to complete the construction of Jaigad-Karad and Jaigad-
New Koyna
transmission lines, totalling 169 km, in 18 months.
L&T shares were off their earlier highs, despite the order win.
At 12:53PM, L&T shares were trading at 2,413 rupees a share on the
National Stock Exchange, up 1.32% from close Friday. End