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L&T’s construction arm bags orders worth Rs 2,440 crore

17 May 2018 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction -- has bagged EPC orders worth Rs 2,440 crore through Power Transmission & Distribution business unit.

A major order is received under the Saubhagya scheme. The scope of these packages involves electrification works in urban and rural areas, augmentation of 33/11kV substations and replacement of conductors with aerial bunched cables. Besides, an order secured from the Department of Disaster Management for the construction of underground power cable network on turnkey basis in the eastern region of India.

Besides, Power Transmission & Distribution business unit also received order to build grid-connected rooftop solar plants in government buildings under the ‘Alo Shree’ scheme and another order for supply, erection, testing and commissioning of 400kV double circuit transmission lines on a turnkey basis in the southern region of India.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.

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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