L&T wins Nagpur smart city order

larsen

Larsen and Toubro has been chosen as one of the partners to implement the smart city project in Nagpur which is said to be India’s first integrated smart city, said the company.

The announcement came after a letter of intent was handed over by Devendra Fadnavis, Chief Minister of Maharashtra to company representatives at a function in Mumbai.

The phase 1 of the project will cover laying of 1200 km of optical fiber network thereby creating 136 City wifi hotspots at key locations and establishing 100 digital interactive kiosks and developing city surveillance systems with 3800 IP based cameras, said the company.

A strip of approximately 6 km from Nagpur’s Japanese Garden Square to Orange City Hospital Square will be developed as a Smart Strip with state-of-the-art systems powered by smart ICT interventions like smart transport, solid waste management.

Smart lighting will be rolled out in a phased manner to ultimately cover the entire city, the company said.

S.N. Subrahmanyan, Deputy Managing Director and President said: “After Jaipur, this is the most significant step in the country’s journey towards establishing smart cities and we are delighted to be participating in transforming Nagpur into one”.



L&T Construction wins Rs 3799 Cr railway order Larsen & Tubro said the transportation infrastructure business of L&T construction won a contract worth Rs 3,799 cr from the Dedicated Freight Corridor Corporation of India Ltd. This contract has been secured by a consortium of Larsen and Toubro Ltd and Sojitz Corp.,Japan.Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) is a special p...
L&T partners with Microsoft to set up “Green Campuses” L&T Technology Services, the information technology company of the L&T group, said it has partnered with Microsoft Corporation to offer a solution to lower energy bills and cost of maintenance.L&T Technology Service's Integrated Building Energy Management Systems (iBEMS) framework will be available on Microsoft’s Azure cloud platform enab...
L&T wins projects for Rs 6,024 crores, 40% orders from Middle East Larsen & Toubro, a leading Indian infrastructure company, said it has won projects worth Rs 6,024 crores across various business segments, including some in the Middle East.Out of theRs 6,024 crores, Rs 2,501 crores worth of projects were from the Middle East.The period over which these contracts were acquired was not disclosed.The power tran...
L&T wins $99.7 million Vietnam defence project Larsen & Toubro (LET), one of India's leading engineering and construction company said it has signed a$99.7 million project with Vietnam Border Guard to design and construct high speed patrol vessels in India.The contract also envisages transfer of design and technology along with supply of equipment and material kits for construction of follow-on v...
L&T Technology to kick of IPO on Monday L&T Technology Services Ltd will open its initial public offer of up to 10.4 lakh equity shares on Monday.The shares will be sold by the parent Larsen & Toubro, the company said.Each share of the company, which provides technical design services, will carry a face value of Rs 2 and will be offered at between Rs. 850 to Rs. 860. The shares...
L&T develops alternative to gas flares for Assam oil field Larsen & Toubro said its valve division supplied India’s first indigenously-developed High Integrity Pressure Protection System to Dirok Gas Field Development Project in Assam."Conventionally, spikes in pressure are managed by venting or flaring excess fluids. HIPPS is a smarter alternative that detects and isolates the source of high pressure wit...
L&T bags projects of ₹ 1,458 cr including international projects in Saudi Arabia Larsen & Toubro announced that it has bagged orders of ₹ 1,458 cr, which includes a project from Saudi Electricity Company for the construction of a 132 kV double circuit transmission line and 132 kV cabling in Saudi Arabia.Power transmission & distribution business wing of the company has received engineering, procurement and construction projec...
KEC International wins projects of Rs 1,224 cr KEC International, a infrastructure company of the RPG Group, has secured international and government projects of Rs 1,224 crore, said the company.The projects received include Rs 805 cr transmission line projects in Karnataka, Thailand and Bangladesh, KEC said.Other projects include overhead electrification for the Indian Railways in the Nagpur and...
L&T sets target to double revenue in five years L&T is aiming to double its revenue to Rs 2 Lakh crore by 2021 achieving an order inflow in excess of Rs 2.5 lakh crores per annum owing to better economic conditions , Chairman AM Naik said.With India's GDP growth projected to touch 7.4% in 2016-17, India is the fastest growing economy in the world which can boost their performance, Naik said.Go...
Govt to build 36,254 houses for the poor in Karnataka for Rs 1,468 cr Ministry of Housing & Urban Poverty Alleviation approved construction of 37,013 cr houses for urban poor in the States of Karnataka and Haryana with an investment of Rs 1,491 cr.An Inter ministerial Central Sanctioning and Monitoring Committee chaired by Dr.Nandita Mukherjee has approved construction of 36,254 houses for economically weaker secti...
L&T ties up with McDermott Intl for exploring East Coast exploration opportunities L&T Hydrocarbon Engineering, a unit of Larsen & Toubro, said it has signed a long-term agreement with McDermott International to explore joint execution of subsea projects in deepwater segment emerging on the east coast of India.Under the agreement, LTHE and McDermott will develop a cost-effective approach which will utilize LTHE’s state-of-...
L&T wins power T&D orders worth Rs 1,038 cr in November The Power Transmission & Distribution Business of L&T Construction has Won Orders Worth Rs 1,038 crores in the international and domestic markets in November 2015, the company said.Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged an order valued at SAR 405.75 Million (USD 108.2 Million) for the construction of...
L&T sets up Internet of Things lab in Bangalore Larsen & Toubro has set up a Global Internet of Things Solutions Centre in Bangalore to cater to the fast-growing sector."The facility will demonstrate IoT solutions for different industry verticals and give customers an opportunity to see the value addition that IoT offers," the company said.Internet of Things refers to connecting physical i...
L&T Finance unit cuts interest rates L&T Infrastructure Finance Company Ltd - belonging to the engineering conglomerate Larsen & Toubro Ltd (L&T) - reduced its prime lending rate by 0.25% to 15.50% per year effective 15th Sept, the company said."This revised PLR shall be applicable in respect of both existing loans and new disbursals, in accordance with the relevant clauses in t...
L&T to design and build tracks for Riyadh Metro Larsen & Toubro, India's largest construction company, has won an order to design and build tracks for Riyadh Metro project in Saudi Arabia.The value of the contract is estimated at $161.37 Mn or 1070 crores.The project involves the construction of 62.86 KMs of double ballastless tracks in tunnels, viaducts, at-grade sections and three depots. Th...