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L&T’s construction arm secures orders across various business segments

11 Jul 2019 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Construction has secured orders from prestigious clients across various Indian states for its varied businesses. On the domestic front, the Power Transmission and Distribution has secured orders for urban electricity distribution from a state distribution utility.

Another order for turnkey construction of a 400kV and 220kV Transmission Lines has been secured from a state transmission utility. In the international market, an order has been secured for the supply, installation and commissioning of 132kV underground cables in United Arab Emirates (UAE). In Ethiopia and Uganda, orders have been received for establishing distribution networks involving medium/ low voltage distribution lines and last mile consumer connections. The business has also won an order, in a consortium, for the supply and construction of Battery Energy Storage Systems for 115kV substations in Chaiyaphum and Lopburi provinces of Thailand.

L&T’s defence business unit of Heavy Civil Infrastructure has secured order from one of the major Defence PSUs for the construction of a strategic project for the Indian Air Force. Further, L&T’s Water and Effluent Treatment business has secured orders from Gujarat Water Infrastructure for supplying, lowering, laying, jointing, testing and commissioning of a MS pipeline from Brahmani Dam - 2 to Chakampar village (Package II) and from Chakampar village to Nava Sadulka (Package III) including its operation Et maintenance for 5 years in Morbi district, Gujarat. The business has bagged repetitive orders from the same client over the past few years.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Larsen & Toubro Share Price

3959.90 62.70 (1.61%)
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Peers
Company Name CMP
Larsen & Toubro 3959.90
Rail Vikas Nigam 275.10
NCC 153.05
KEC International 573.95
Kalpataru Projects 1181.65
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