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Larsen & Toubro Arm Secures 'Significant' Orders of Up To INR25 Billion

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L&T GeoStructure, a wholly-owned subsidiary of Larsen & Toubro (NSE:LT, BOM:500510), secured "significant" new orders in India valued between 10 billion Indian rupees and 25 billion rupees, according to a Tuesday filing to the Indian stock exchanges.

Of the total, the company bagged its largest piling order yet from JSW Utkal Steel at the latter's 10 MTPA integrated steel plant at Paradeep in Odisha, India.

The project spans nine major packages and involves critical structures such as the blast furnace, hot strip mill, and steel melting shop, involving piling works of around 3 million running meters.

The company also received two separate orders from the Inland Waterways Authority of India for the engineering, procurement, and construction of ship repair facilities at Patna and Varanasi.

The orders will include advanced ship lift and transfer systems, including an 800-ton boat hoist, to support the repair and maintenance of inland vessels.

The business has also secured an order for the construction of India's first yacht marina at Mumbai Harbour from the Mumbai Port Authority for the trestle, piled breakwater, service platforms, concrete pontoons, and gangways.

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