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Our Bureau

Mumbai , Dec. 26

LARSEN & Toubro has won a project worth Rs 411 crore from Gangavaram Port Ltd.

The distinctiveness of this project is that it is a greenfield port, said Mr K.V. Rangaswami, Member of the Board as well as Senior Vice-President (Construction), L&T. Additionally, this is for the first time in India that an order for a 1.5-km-long berth has been released for construction in a single package, a company release said.

The contract, which was won amidst global competition, is for the first phase of a deep-water port project at Gagavaram, about 15 km, south of Vishakapatnam Port. This will be executed by L&T on Engineering Procurement Construction basis over 24 months from now, the release said. Apart from offshore works, L&T will also execute some of the onshore civil works.

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