L&T’s arm bags orders worth Rs 2,278 crore

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

19 Jun 2015 Evaluate

Larsen & Toubro’s (L&T) subsidiary -- L&T Construction -- has won orders worth Rs 2,278 crore across various business segments in May & June 2015. Under Power Transmission & Distribution Business, it has won orders worth Rs 1,258 crore in the international markets. Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged a contract from National Grid Saudi Arabia (a subsidiary of Saudi Electricity Company) for engineering, procurement and construction of 132 kV cabling work in Hail city and a 132 kV double circuit transmission line in Turaif, Qaseem and Hail areas of Saudi Arabia against stiff competition.

A major order has been received from a Government agency to design and build 66 kV substations with associated cabling works in the GCC market. Further, Larsen & Toubro Oman LLC, a subsidiary of L&T, has received an order from Oman Electricity Transmission Company for engineering, procurement and construction of a new 132/33 kV Salalah Free Zone-2 grid station.

Under Heavy Civil Infrastructure Business, it has won orders worth Rs 1,020 crore including add-ons. The consortium of L&T and IHI Infrastructure Systems Company, Japan, has received an EPC order from the Dedicated Freight Corridor Corporation of India (DFCCIL) for the construction of special steel bridges over JNPT (Jawaharlal Nehru Port) - Vadodara and Rewari- Dadri sections of the Western Dedicated Freight Corridor.

The project, divided into three packages consists of 8 steel bridges, 3 minor bridges and 2 RUBs (Road Under Bridge) as Package CTP 15 A in the JNPT-Vadodara section; a major long span steel bridge across river Narmada, a RUB as Package CTP 15 B in Maharashtra and Gujarat; and two major bridges across Yamuna and Hindon and a RFO (Rail Fly Over) as Package CTP 15 C in Haryana.

Larsen & Toubro Share Price

3917.00 -56.60 (-1.42%)

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Peers

Company Name	CMP
Larsen & Toubro	3917.00
Rail Vikas Nigam	298.85
NCC	167.15
KEC International	587.50
Kalpataru Projects	1264.85
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