Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
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L&T’s arm bags order worth Rs 3343 crore

Date: 01-04-2015

Larsen & Toubro’s (L&T) subsidiary -- L&T Construction -- has won orders worth Rs 3343 crore across various business segments in March 2015. Of total, the company’s transportation infrastructure business has bagged four major EPC orders worth Rs 2650 crore from the National Highways Authority of India for the construction of Rewa-Katni-Jabalpur (Package 1, 2 & 4) and Jabalpur Lakhnadon Projects in Madhya Pradesh against stiff domestic competition. These projects involve construction of total 287 km of four lane dual carriage way, primarily with rigid pavement, 7 flyovers, 4 railways over bridges (ROB), 5 major bridges and 86 minor bridges. While Rewa-Katni-Jabalpur packages will be in 24 months, Jabalpur-Lakhnadon project will take about 30 months for completion.

The Power Transmission and Distribution Business has also received Rs 271 crore order from Power Grid Corporation of India for the engineering, procurement and construction of 765 kV double circuit transmission line between Wardha and Hyderabad.

Additional orders worth Rs 422 crores have also been received from various ongoing jobs of Buildings & Factories, Power Transmission & Distribution and Water & Renewable Energy Businesses.