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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.

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Published on September 17, 2020
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