MoneyWorks4Me

Larsen & Toubro’s arm bags Rs 483 crore order for specialized commercial vessels

08 Jun 2012 Evaluate

Larsen & Toubro’s subsidiary, L&T Shipbuilding, has bagged an order valued at Rs 483 crore for the four specialized commercial vessels, in the first quarter of 2012-13. Secured against stiff international competition, the order affirms L&T capabilities in building such vessels.

The order bagged from Halul Offshore Service Company W.L.L., Qatar, are for design, construction, trials and commissioning of two platform supply vessels (PSVs) and two Anchor Handling, Towing, Supply and Support Vessels (AHTSSVs).

The PSVs will be equipped for firefighting, rescue and standby, offshore supply, oil recovery and related duties. The vessels would have diesel-electric propulsion and DP2 dynamic positioning capability. Meanwhile, AHTSSVs, with a bollard pull of 90 tonnes, will be equipped for emergency response and rescue, offshore supply, oil recovery, standby and other related duties.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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