L&T Construction bags order from CIL arm

Our Bureau Mumbai September 17 | Updated on September 17, 2020 Published on September 17, 2020

The coal processing and load out deal is estimated at ₹1,000-2,500 crore

The construction arm of L&T has bagged an order from Northern Coalfields Ltd, a subsidiary of Coal India Ltd (CIL), for a coal processing and load out package to be installed at the Dudhichua Mines in Uttar Pradesh.

The Metallurgical and Material Handling Business of L&T Construction has estimated the deal value to be in the range of ₹1,000-2,500 crore. The scope of work involves EPC for a double stream coal sizing and transportation system covering semi-mobile sizing system, high capacity specialty conveyors, and an automated loading system, L&T said. CIL envisions production to touch one billion tonne by 2023-24 to meet the country’s demand for coal.

Further, the business has got new and add-on orders from its existing customers. L&T shares were trading at ₹912, down by 1.08 per cent at 12.52 pm.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on September 17, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.