Construction and Engineering
Company Overview of L&T Infrastructure Development Projects Limited
L&T Infrastructure Development Projects Limited is engaged in the development of infrastructure projects in India. It is engaged in the construction of roads and bridges, ports, metro rail projects, and transmission lines, as well as projects for water and railways sectors. The company is also involved in the generation of wind power. It has 5 wind turbine generators in Tamil Nadu with an aggregate capacity of 8.7MW. The company was incorporated in 2001 and is based in Chennai, India. L&T Infrastructure Development Projects Limited is a subsidiary of Larsen & Toubro.
Mount Poonamallee Road
Founded in 2001
Key Executives for L&T Infrastructure Development Projects Limited
Compensation as of Fiscal Year 2014.
L&T Infrastructure Development Projects Limited Key Developments
L&T Infrastructure Development Projects Limited Presents at India REIT & InvIT Invstor Day 2014, Sep-12-2014
Sep 9 14
L&T Infrastructure Development Projects Limited Presents at India REIT & InvIT Invstor Day 2014, Sep-12-2014 . Venue: 14th Floor, G Block, FIFC, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, India.
CPP Reportedly In Talks To Invest INR 10 Billion In L&T IDPL
Feb 25 14
Canada Pension Plan Investment Board is in talks to invest INR 10 billion in L&T Infrastructure Development Projects Limited (L&T IDPL) of Larsen & Toubro Limited (BSE:500510), sources reported. L&T is also looking at a second tranche of INR 10 billion capital infusion which is also expected to come from CPPIB 12-18 months after the first round but sources in the know said there are at least two more entitities willing to come on board. They include Caisse de dépôt et placement du Québec and State General Reserve Fund. Even though details of the deal are still are still not disclosed as the negotiations are ongoing, sources said, INR 20 billion capital infusion will lead to a 10% to 15% stake dilution. The equity valuation of the company is around INR 85 billion to INR 90 billion. KV Venkatesh, Chief Executive of L&TIDPL did not want to comment. "At the moment we are in discussion with one investor. We have taken an enabling approval from FIPB. The details on valuation, stake dilution are still being worked out," R Shankar Raman, Chief Financial Officer of L&T, told Economic Times. Mails sent to CDPQ and SGRF did not get a response till the time of going to press.
Larsen & Toubro Mulls IPO For IDPL
Nov 29 13
Larsen & Toubro Limited (BSE:500510) is considering a Singapore listing for L&T Infrastructure Development Projects Limited as well as listing certain road assets of the unit through a business trust in Singapore. "The proposed transactions are subject to various factors, including approvals and market conditions, and may or may not be completed", the company said in a filing to BSE.
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