L&T’s construction division bags multiple orders worth Rs 1832 crore across various segments

Larsen & Toubro Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500510 | NSE: LT

21 Aug 2014 Evaluate

L&T’s construction division, L&T Construction has won multiple orders worth Rs 1832 crore across various business segments in July and August 2014. The company’s buildings and factories business has bagged orders worth Rs 1008 crore. Out of these, a turnkey order has been received from a private developer for residential towers at Kolkata, to construct 5 towers of up to 29 floors, a club house and other amenities involving all civil, finishing, electrical, plumbing, firefighting, landscaping and allied work. Another order is for the construction of a 246 m high, 60 floor residential towers for a major residential developer in Mumbai. Also, orders have also been received from various ongoing jobs of the business.

Meanwhile, company’s Power Transmission and Distribution business has bagged orders worth Rs 624 crore. Of this, a key order has been bagged by L&T Oman LLC, a subsidiary of Larsen Et Toubro from Oman Electricity Transmission Corporation for engineering, procurement and construction of a new 400/220 kV grid substation at Misfah. The contract includes supply and erection of 400 kV Gas Insulated Switchgear, 500 MVA transformer, control relay panels, substation control systems and all associated civil work.

In Saudi Arabia, the company has received an order from an EPC major for the design, fabrication, galvanization, type-testing and supply of 380 kV level lattice type transmission line towers along with associated tower parts and accessories. The towers will be manufactured and exported from L&T's state-of-the-art manufacturing facility in Puducherry. Additional orders worth Rs 200 crore have also been received from various ongoing jobs in the Heavy Civil Infrastructure Business.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

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