L&T’s arm bags orders worth Rs 2271 crore

31 Mar 2016

Larsen & Toubro’s (L&T) construction arm -- L&T Constructions has won orders worth Rs 2271 crore across its various businesses. Under Buildings & Factories Business, the company has bagged a major turnkey order worth Rs 1500 crore from a leading developer to construct a world-class Mixed Used Development in New Delhi. The project includes construction of a convention centre, business centre tower and two hotel towers as part of the overall development. L&T's scope of work Involves civil, structural, architectural, mechanical, electrical, plumbing and finishing works.

Under Heavy Civil Infrastructure Business, the company in its Defence segment, has secured a construction order worth Rs 450 crore for the upgradation works at Air Force Academy, Hyderabad. The scope involves resurfacing and extension of main runway and parallel taxi track, widening of tracks, earth filling and allied works. This is part of the overall upgradation of all the bases in the country.

Under Power Transmission & Distribution Business, the company has won new orders worth Rs 321 crore in both the domestic and international markets. As a part of business strategic initiative to foray into South East Asia, a breakthrough order is received from Electricity Generating Authority of Thailand (EGAT) for the engineering, procurement and construction of 500 kV Transmission Line for Thai/Laos Border Crossing.

On the domestic front, an order is received for engineering, procurement and construction of 765 kV double circuit Bhuj Banaskanta transmission line (part-1) from Power Grid Corporation of India, which is associated with Green Energy Corridor.

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