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L&T’s construction arm bags order worth Rs 2215 crore across various business segments

03 Mar 2015 Evaluate

L&T Construction, the construction arm of Larsen & Toubro (L&T) has won orders worth Rs 2215 crore across various business segments over the last two months. Under the Power Transmission and Distribution Business, the company has secured new orders worth Rs 1137 crore from both the domestic and international markets.

Major turnkey orders were received from Paschimanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam to improve the power distribution systems at Ghaziabad and Varanasi respectively. Developed under the R-APDRP schemes, L&T’s scope of work involves system improvements, strengthening and augmentation of power distribution system to reduce ATC losses and improve consumer supply with SCADA compatibility.

Larsen & Toubro Oman LLC (LTO), a subsidiary of L&T, has bagged an order from Oman Electricity Transmission Company S.A.O.C for the turnkey construction of a 132/33 kV substation at Izki Phase III. The 400 kV phase is being executed by the subsidiary. Additional orders have also been received from various ongoing jobs of the business.

Under the buildings & factories segment, the company has won a new international order including add-ons in the domestic market worth Rs 962 crore. LTO has won a repeat order from a prestigious client for the construction of a commercial project and its site-wide infrastructure in the Sultanate of Oman. The scope involves civil, structural, architectural, electro-mechanical, finishes, specialty lighting, lifts, ICT systems, landscaping, water features, swimming pools and car parking. The project is scheduled to be completed in 25 months.

Additional orders worth Rs 116 crore have also been received from other businesses of L&T Construction.

Larsen & Toubro Share Price

4054.00 31.85 (0.79%)
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