L&T Technology Services Limited, a leading global pure-play engineering services company, announced today the unveiling of its Engineering Research & Development (ER&D) Center in Toronto, Ontario (Canada), marking its third nearshore global design center in two quarters.
As per the terms, the EPC Projects, Hi-Tech Manufacturing, and Services conglomerate received a consideration of Rs 1,001.50 crore as divestment proceeds from Renew Power on August 30, 2021, said a regulatory filing.
The consolidated order book of the group stood at Rs 3,27,354 crore as on March 31, 2021, registering a growth of eight per cent over the year-ago period.
The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore.
The consolidated order book of the group stood at Rs 3,05,083 crore as on June 30, 2020, with international order book constituting 24 per cent of the total.
L&T takes pride on being at the forefront of creating projects and products, some of the largest, biggest, and longest in the world all made in India, it said.
The orders fall under "significant" category which ranges between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts.
The WAN Awards showcase the best international design in current and future projects, and the award ceremony is likely to be held in July.
The agency that has been constructing a flyover, a portion of which came down crashing at Kantibhita, around 30 km…
Engineering and construction major Larsen & Toubro (L&T) on Tuesday said it has won an Rs 747-crore order from Nuclear…
