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L&T’s construction arm bags orders worth Rs 1,454 crore

02 Jan 2018 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction -- has bagged orders worth Rs 1,454 crore across various business segments.

The Smart World & Communications Business Unit has secured an order worth Rs 864 crore for the implementation of 5 Million Smart Meters. The scope involves Design, SITC and O&M Support of Advanced Metering Infrastructure (AMI) Solutions for 5-Million Smart Electricity Meters with GPRS-based communication modules for the states of Uttar Pradesh and Haryana. The Power Transmission & Distribution Business has bagged orders worth Rs 568 crore from both international and domestic customers.

Further, the business has secured an order from Chamundeshwari Electricity Supply Corporation, a Karnataka Government undertaking, for turnkey execution of power distribution system to strengthen works in several subdivisions of the Mysuru area.

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
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