Larsen & Toubro has said that its construction arm will construct an iconic bridge across the river Krishna at Amaravati, Andhra Pradesh.
The Heavy Civil Infrastructure business of L&T Construction will design and construct a 3.2 km, six-lane iconic bridge across the river Krishna, which includes 2.72 km of approach bridges, on EPC basis. The bridge will connect Pavitrasangamam in Vijayawada and N10 Road in Amaravati. The 1,387 crore project was received from Amaravati Development Corporation Limited (ADCL) and L&T has also been entrusted with the operation & maintenance for the bridge for 5 years.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 18 billion in revenue. It operates in over 30 countries worldwide.
Meanwhile, shares of the company were trading at Rs 1350.55 apiece, up 0.59 per cent from the previous close at 10:01 hours on BSE.