L&T Bags Orders Valued at Rs 1,100 crore

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

01 Apr 2009 Evaluate

L&T has bagged a slew of large-value orders aggregating Rs 1,100 crore in the electrical construction sector in the fourth quarter of 2008-09. The orders have come from leading public sector organizations — the Power Grid Corporation of India Limited and the Rail Vikas Nigam Limited and involves setting up high end transmission lines and substations as well as a project for the Indian Railways.

The order secured from the Power Grid Corporation of India (PGCIL) involves construction of a part of the country's first 800 kV HVDC transmission system for transmitting power from the north east to the northern and western parts of India. Extending across 190 km, this HVDC bi-pole transmission line is valued at Rs.169 crore.

This is the first 800 kV transmission line system of its kind in India and signifies a major step forward in high end electrical project execution. Other orders secured include a Rs 190 crore order from Power Transmission Corporation of Uttarakhand Limited for 400 kV double circuit Transmission Line, a Rs l75 crore order from Rail Vikas Nigam Limited for the Bharuch-Dahej Railway Construction Project., and a Rs 83 crore order from PGCIL for the construction of 765 kV single circuit transmission line from Agra to Jatikalan.

Meanwhile, in a major foray into the high end 765 kv segment of substations, L&T secured three major orders from PGCIL valued at Rs 480 crores for the construction of 765 kV Substations at Balia, Lucknow and Satna along with associated transformer packages.

The 800 kV HVDC Transmission Line project and the 765 kV substation orders represent technological breakthroughs and they auger well for L&T’s growth potential in these critical segments.

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Company Name	CMP
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