L&T wins projects worth Rs 2,500cr-Rs 5,000 crore in Saudi Arabia 
Corporate Watch

L&T bags order for Hyderabad Greenfield Radial Road project

The contract, awarded to L&T's transportation infrastructure business vertical, covers the second phase of the project in Ranga Reddy district

PTI

New Delhi: Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a "significant" order for the Hyderabad Greenfield Radial Road project.

The contract, awarded to L&T's transportation infrastructure business vertical, covers the second phase of the project in Ranga Reddy district.

PSU Watch is now on Whatsapp Channels. Click here to join

L&T classifies an order amount ranging between Rs 1,000 cr to Rs 2,500 cr as 'significant'.

It involves the construction of a "22.3 km 3+3 lane access-controlled radial road" to boost connectivity in the region, L&T said in a filing to BSE.

The Hyderabad Greenfield Radial Road phase-2 holds strategic importance as the first radial connector linking Hyderabad's outer ring road to the proposed 340-km regional ring road , enhancing regional connectivity.

It will improve access to key growth hubs like IT corridors and electronic city, driving economic development in Telangana's Ranga Reddy district.

Under the contract, the infrastructure firm will construct a 3.6 km long viaduct, minor bridges, underpasses and culverts.

"Construction of service roads on both sides, extensive retention structures, storm water drainage system, footpaths, cycle track and landscaping works is also in L&T's scope," the filing said.

Larsen & Toubro is engaged in engineering, procurement and construction projects, hi-tech manufacturing and services operating across multiple geographies.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

SECL sets up high-level panel to review complaints on land-for-employment cases

Growing gap between RE, transmission capacity a key credit risk: Ind-Ra

Sensex falls 188 pts amid elevated crude oil prices; Tata Group stocks decline after N Chandra's exit

CIL, ArcelorMittal sign MoU to explore syn-gas usage from a coal gasification plant at Paradip

SBI has 5-6 M&A financing deals in pipeline: Official