L&T’s arm secures new orders worth Rs 4160 crore across various verticals

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

12 Aug 2013 Evaluate

Larsen & Toubro's (L&T) subsidiary L&T Construction has secured new orders worth Rs 4160 crore across various business segments in July and August 2013. The Building and Factories business, alone, has secured orders worth Rs 2319 crore from reputed customers across the country, with the major one being the construction of 12 Nos residential towers (No. of floors varying from 18 to 38) in Delhi and Chennai, including associated basement, car parking and external development works. The scope includes civil, structural, mechanical, electrical and plumbing and finishing works. The business has also secured an order for the construction of a commercial space development in Delhi (3 Basements, 1 Ground and 42 floors).

Company’s Power Transmission and Distribution business has secured new orders worth 974 crore, including a major turnkey order from Madhyanchal Vidyut Vitran Nigam for various rural electrification works under Rajiv Gandhi Grameen Vidyutikaran Yojna (RGGVY) phase -II in Barabanki and Lakhimpur District. Another order for this segment has been received from Kerala State Electricity Board for the strengthening, improvement and augmentation of distribution system in Kozhikode town under part-B of Restructured Accelerated Power Development and Reforms Programme (R-APDRP) on turnkey basis.

Meanwhile, company’s Water Renewable Energy business has bagged orders worth Rs 735 crore, out of which a major order has been received from Public Health Engineering Department, Rajasthan for Regional water supply schemes. The scope includes turnkey construction of water supply network for 256 villages and five towns under Ratangarh-Sujangarh Water supply project. Another order is received from Tuticorin Municipal Corporation, Tamil Nadu for the construction of an intake water treatment plant and water supply system at Tuticorin.

Further, other businesses of L&T Construction also received orders from Delhi Metro Rail Corporation Limited for design, supply, installation, testing and commissioning of radio systems for Delhi MTRS Project Phase.

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