L&T bags bulk of July infra project orders as awards rise 23%: JM Financial
26-Aug-2026
L&T won a Rs 30,000 crore offshore contract from Dutch grid operator TenneT last month, one of the deals that pushed India’s infrastructure order awards up 23% to Rs 1.2 lakh crore in July. Fresh tendering, meanwhile, slipped to its lowest level in three months, according to a JM Financial report.
Infrastructure order awards rise 23% in July; L&T, Adani Energy Solutions lead
July’s order awards were down 10% year on year, the report said, but that came against a strong base from last year. The month’s total was still well above the FY26 average monthly pace of Rs 94,700 crore, as per the report.
News Source:- https://www.financialexpress.com/business/industry-lampt-bags-bulk-of-july-infra-project-orders-as-awards-rise-23-jm-financial-4324957/
|