L&T Wins Rs.1,000-2,500 Cr Residential Projects

06 Mar 2025 CW Team

Larsen & Toubro (L&T) has announced that its Building & Factories (B&F) vertical has secured significant orders from a reputed developer for the construction of residential towers in Mumbai, Bangalore, and Chennai. According to L&T's internal classification, the contract value ranges between Rs 10 billion and Rs 25 billion.

In Mumbai, L&T will construct two ultra-luxury high-rise towers reaching 273 meters, with configurations of 3B+G+7P+51/57 floors. In Bangalore, the company will develop 14 luxury towers on a design-and-build basis, with 3B+G+27/28 floors. Meanwhile, in Chennai, L&T will execute the construction of 25 luxury towers with 2B+G+14 floors, also on a design-and-build basis. All projects will be executed within stringent timelines.

Additionally, L&T has secured several add-on orders for its ongoing projects, further strengthening its portfolio in the real estate sector.

L&T, a leading Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, operates in over 50 countries. The company reported a 13.96% YoY increase in consolidated net profit to Rs 33.58 billion in Q3 FY25, while revenue from operations surged 17.31% YoY to Rs 646.67 billion.

Following the announcement, L&T's stock saw a 0.09% increase, closing at Rs 3,280.75 on the BSE.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..