L&T Construction secures order worth Rs 2,008 crore

Larsen & Toubro Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500510 | NSE: LT

13 Aug 2012 Evaluate

L&T Construction has won new orders valued over Rs 2,008 crore across various business segments in July and August 2012. Under the Power Transmission & Distribution IC, the company has secured new orders worth Rs 607 crore in both domestic and international markets. On the domestic front, a new order has been bagged from Chamundeshwari Electricity Supply Corporation (CESC) for linking of Nirantara Jyoti Yojana feeders to rural DTC’s of villages for providing continuous power supply to domestic/commercial/power installations at Hassan, HN Pura and CR Patna divisions.

Another order has been received from an esteemed customer for construction of 220kV & 765kV switchyard in Uttar Pradesh. On the international front, a major order has been secured by the company from a reputed customer in UAE for supply and installation of new 220/33kV Grid Station.

Under the Buildings & Factories IC, the company has secured new orders worth Rs 674 crore, which include orders from Airport Authority of India for the construction of a new integrated terminal building and allied works at Chandigarh Airport. The other order is for construction of an IT campus at Hyderabad.

Besides, in the Water and Effluent Treatment business unit, L&T Construction has secured a turnkey order worth Rs 155 crore from Greater Mohali Area Development Authority, Mohali for construction of Roads, PH services (Water Supply, Sewerage, STP, Storm drainage) electrical services (HT, LT, Street Lighting works) including development of parks and horticulture works.

Further, in yet another development the Infrastructure IC has bagged order worth Rs 275 crore from Kolkata Metropolitan Development Authority for design and construction of four lane flyover, rail over-bridges and via duct at various locations in Kolkata. Moreover, L&T Constructions has also secured additional orders worth Rs 297 crore from various ongoing projects across business units.

Larsen & Toubro Share Price

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Company Name	CMP
Larsen & Toubro	3973.60
Rail Vikas Nigam	305.00
NCC	169.85
KEC International	598.10
Kalpataru Projects	1274.45
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