MoneyWorks4Me

L&T’s arm bags orders worth Rs 1,504 crore in various business segments

27 Feb 2013 Evaluate

L&T Construction, the wholly owned subsidiary of Larsen and Toubro (L&T) has secured new orders valued over Rs 1,504 crore across various business segments in February 2013. The company’s Water and Solution business has bagged new orders both in domestic and international markets. The company’s Water and Effluent Treatment Business has won orders valued Rs 621 crore. Under the design, build, and operate (DBO) model, L&T construction will construct a sewerage network and waste water treatment facility for Bhatpara Municipal Town- a project of the Kolkata Metropolitan development Authority.

Solar business unit of the company, the largest player in solar project in India has won new EPC orders worth Rs 413 crore from Kiran Energy for the construction of Solar PV plants in Tamil Nadu. Meanwhile, the company’s Power Transmission & Distribution business has secured order worth Rs 265 crore from Tamil Nadu Generation & Distribution Corporation (TANGEDCO) for power distribution work across various districts in Tamil Nadu.

Further, the company’s Heavy Civil Business has bagged various additional orders worth Rs 205 crore from ongoing projects.

Peers
Company Name CMP
Larsen & Toubro 3620.25
Kalpataru Projects 1413.20
NCC 121.20
Rail Vikas Nigam 188.60
KEC International 351.95
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