Business

L&T Construction bags EPC orders from Odisha, Maharashtra

Mumbai: The water and effluent treatment business of L&T Construction said on Thursday it has secured orders from prestigious clients in Maharashtra and Odisha. An engineering, procurement and construction order has been bagged for Gunjawani project piped distribution network including Narayanpur lift irrigation scheme from Maharashtra Krishna Valley Development Corporation in Pune. The scope of work includes survey, investigation, design, procurement, construction of gravity mains, installation of pumping system, rising main line, branch lines and automated outlet management system at every 24 hectare chak and distribution network up to three hectare sub-chak. The business has also been mandated to prepare all the relevant documents to form a water user association as per the Maharashtra Management of Irrigation Systems by Farmers Act 2005 for the command area to build the capacity of farmers to attain maximum crop yield by conducting farmers' awareness training programmes for effective functioning. The project envisages irrigating 21 ,392 hectares of culturable command area in Tatuk Velhe, Bhor and Purandar of Pune district by drawing water from the Gunjawani Dam. Another order has been secured from the Rural Water Supply and Sanitation Department to execute two individual rural piped water supply projects in Odisha's Jharsuguda district. The aggregate scope of work includes design and construction of two intake structures, two water treatment plants, 1,745 km of transmission and distribution pipelines, 58 overhead service reservoirs, 9 booster pumping stations and associated electromechanical and instrumentation works. The project involves automated measurement of input and output water quantity and quality through suitable supervisory control and data acquisition and other instrumentation works. It will cater drinking water to 273 villages in Jharsuguda district. An add-on order has been received from Tamil Nadu Water Supply and Drainage Board (T WAD) as a part of Coimbatore Under Ground Sewerage System project for the construction of 30.53 million litres per day sewage treatment plant. Additionally, the business has also received add-on orders for some of its existing projects across various states.

SRL-Microsoft develops AI-powered API to improve cancer diagnosis & patient care

Mumbai: SRL and Microsoft organized a day-long pan India Histopathology Meet, themed on 'Digital Pathology and Artificial Intelligence', in Mumbai. Th...

RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate Bank for violating norms

Mumbai : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions...

TCS named India's overall most outstanding company in Asiamoney's 2019 poll

Singapore: Tata Consultancy Services (TCS) said on Monday it has been voted as the overall most outstanding company in India and the most outstanding ...

IMF calls for connecting dots between sustainable finance and financial stability

Washington : Environmental, social and governance (ESG) issues can have a material impact on the performance of firms and stability of a financial sys...