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Larsen & Toubro’s (L&T) subsidiary -- L&T Construction -- has won orders worth Rs 1178 crores across various Businesses in December 2015. Under Metallurgical & Material Handling Business, the company has secured orders worth Rs 663 crore. The company’s subsidiary -- Larsen & Toubro (Oman) LLC has won an EPC order worth $ 63.58 Million from Oman Oil Refineries and Petroleum Industrial Company (ORPIC) for a Pet Coke Handling and Storage project. The scope covers design, engineering, procurement, supply, construction, erection, installation and commissioning of the Pet Coke Handling and Storage facility at Sohar, Oman.
The business has also secured an EPC order from the world’s largest integrated producer of Zinc for the construction of a 1.5 MTPA Lead - Zinc Ore Beneficiation Plant at the Sindesar Khurd mines in Rajasthan. The scope includes design, engineering, procurement, construction, erection, installation and commissioning of the beneficiation plant.
Under Power Transmission & Distribution Business, the company has won orders worth Rs 515 crore in both the international and domestic markets. In the international market, Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, has bagged an order valued at SAR 212.26 Million (USD 56.6 Million) for the construction of two 115 kV Substations at the Dammam area from National Grid, Saudi Arabia - a subsidiary of Saudi Electricity Company.
The scope involves detailed design, engineering, installation, testing and commissioning of 115 kV gas insulated switchgear, 115/13.8 kV, 50/67 MVA power transformers, 13.8 kV switchgear, control and protection systems, substation automation systems, HVAC, Novec firefighting systems with associated auxiliary systems and other civil works. These projects are in the eastern province of Saudi Arabia and are scheduled to be completed in 22 months.
In the domestic market, the solar business has bagged 25 MWp of solar capacity on EPC basis from a reputed solar developer. This capacity addition shall be developed in the southern part of India where the solar industry is an area of focus.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3519.25 |
| Rail Vikas Nigam | 258.65 |
| KEC International | 693.50 |
| Kalpataru Projects | 1200.45 |
| NCC | 243.50 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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