Larsen & Toubro's arm bags order worth Rs 705 crore

New Delhi: Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged an order worth Rs 705 crore.

"The Water and effluent treatment business of the construction arm of L&T has won an order worth Rs 705 crore," L&T said in a BSE filing.

The project, awarded by Tanzaia's Minstry of Water and Irrigation, will be executed by L&T in a joint venture with Shriram EPC. The shares of L&T were trading 0.28 per cent lower at Rs 1,547 on BSE.